Are you or someone you love considering a move to a retirement community?
If so, now’s the time! North Oaks is more accessible than ever with different contract options and 20% off through March. North Oaks Executive Director Reuben Rosenfeld shares some exciting details.
Q: North Oaks offers two primary contract options. What are the differences between these options?
A: Type A contracts have more expensive entrance and monthly fees but keep the price consistent throughout the resident’s time at North Oaks no matter their healthcare needs. Type C contracts have a much smaller initial entrance fee which often makes this a more palatable option. Unlike a Type A contract, a resident with a Type C contract will pay the market rate for care outside of independent living in our assisted living or skilled nursing facility, if needed.
Q: What is the special pricing you are offering now?
A: North Oaks is offering 20% off entrance fees through March 31st on both A and C contracts. We have a few apartments that have become available so we’re offering a deep discount to get them filled. This is pricing that we rarely offer with up to nearly $135,000 off Type A contracts and up to nearly $100,000 off Type C contracts. Now is a great time to consider North Oaks!
Q: Who benefits from a Type C contract?
A: If you prefer to “pay as you go” rather than committing more money up front, or if you have long-term care insurance, the Type C contract is a great option.You’ll have a more affordable entrance and monthly fee while living in one of our independent living apartments. Should you need a higher level of care, your long-term care insurance will kick in towards the monthly fee in our Assisted Living and/or Skilled Nursing facilities. Additionally, long-term care may even cover home care in your independent living apartment.
Call North Oaks at 410-498-8914 to learn what contract is best for you!