Frequently Asked Questions
What is an entrance fee?
Your entrance fee is a one-time payment based on the size of the residence you choose. Payment of this fee entitles you to lifetime residence at The Terraces, plus priority access to our full continuum of care should you ever need it. Depending on your contract type, entrance fees can be refundable to you or your estate if you ever leave The Terraces at Bonita Springs for any reason.
What is a monthly service fee?
The monthly service fee is a single bill you pay each month to cover every service, amenity and convenience we offer. It pays for all maintenance, housekeeping, meals, water, cable, electricity, unlimited use of community spaces and much more. The amount you pay depends on the size of theresidence you choose and the number of people who will live there. A second person pays a significantly lower second-person monthly fee and no additional entrance fee.
What amenities, conveniences and services are included in my monthly service fee?
Everything we offer at The Terraces is available to you. This is just a sampling:
- Complimentary valet parking
- Personal one-car garage
- Casual bistro, fine & private dining
- Chef-prepared meals
- BBQ area
- Putting green
- Indoor & outdoor pools
- Fitness center & wellness programs
- Scheduled transportation & outings
- Housekeeping & flat linen service
- Interior & exterior maintenance
Is there assistance available if I run out of financial resources?
LifeCare at The Terraces lasts a lifetime. If you outlive your resources through no fault of your own and are unable to pay your monthly service fee, you will never be asked to leave the community. You will still receive priority access to on-site health care at Renaissance at The Terraces and your family won’t be saddled with the financial burden.
Are there tax benefits associated with LifeCare at The Terraces?
There are some IRS rulings that have established a portion of a LifeCare community entrance fee and monthly service fees may be deductible as a prepaid medical expense. As always, you should discuss your individual tax situation with your personal tax advisor.
If I have long-term care insurance, do I need LifeCare?
If you have a long-term care insurance policy, you may be eligible to receive benefits from that policy if you need assisted living, skilled nursing care or memory support. In all likelihood, your policy will work hand-in-hand with LifeCare and pay earned benefits directly to you. As with all insurance issues, you should consult your insurance carrier or agent for specific answers regarding your individual policy.
Assisted Living FAQs
What type of care does assisted living provide?
Our assisted living is characterized by a distinctive combination of individualized care, comfortable surroundings and a high level of hospitality. Assistance with activities of daily living (ADL) includes personal hygiene (bathing, grooming, oral care), dressing, eating, toileting and ambulation. Those who choose our community will enjoy a private residence, care that addresses their specific needs, and numerous activities, social opportunities and community amenities.
What are some examples of the community amenities?
Assisted living residents enjoy chef-prepared meals in our dining room. They also have access to a number of community amenities, including aqua therapy classes, large arts and crafts studio, fitness center, outdoor patio and landscaped grounds, TV room, library, lounge areas and a media room. Additionally, we offer a full monthly calendar of social and life-enrichment opportunities.
What if the assisted living resident no longer drives?
Do you charge a transfer fee if a resident moves between levels of care?
No. there is not a transfer fee to move between levels of care for independent living residents.
Memory Support FAQs
How does memory loss differ from other levels of care?
Our memory support is thoughtfully and carefully designed to ensure that residents feel safe and secure. The enclosed courtyard offers a sensory garden for outdoor walks and family visits.
What are the memory support residences like?
We offer spacious, private suites with a full bath. Memory boxes are located outside every residence. All utilities are provided as well as cable television.
What kinds of amenities are included?
Residents enjoy three chef-prepared meals daily served in a family-like setting. We also provide daily housekeeping and laundry services. Residents have access to spacious activity and common areas designed to promote social engagement. We also provide interactive and socially stimulating programming specifically designed for those with memory loss.
Skilled Nursing FAQs
What type of care does skilled nursing provide?
Skilled nursing offers comprehensive health care under the oversight of a medical doctor, licensed nurses and therapy specialists. Together, they provide a high level of clinical care to ensure each resident’s needs are met and peace of mind is provided to loved ones.
What are the skilled nursing residences like?
Our 40 skilled nursing residences are fully furnished private suites with private baths. Each bathroom has an emergency pull cord to ensure immediate associate response. Every suite has its own individually controlled thermostat and large-screen television. All utilities are provided, including cable and local telephone service.
What kinds of skilled nursing amenities are included?
Residents enjoy three chef-prepared meals every day and constantly changing menus that offer variety for every palate. We also provide daily housekeeping and laundry services. Skilled nursing residents have access to shared common areas, including living room, library and lounge areas, as well as a full calendar of social activities.