Activities of Daily Living: Tasks people perform every day, including bathing, toileting, dressing, grooming, and eating.
Adult Day Care: Part of respite care, an Adult Day Care is a facility that provides programs, activities, rehabilitation and more for those unable to care for themselves.
Alzheimer’s Disease: A degenerative brain disease of unknown cause that is the most common form of dementia. Alzheimer’s usually starts in late middle age or in old age and results in progressive memory loss, impaired thinking, disorientation, and changes in personality and mood [Merriam-Webster’s Dictionary]. Alzheimer’s disease affects more than 5 million Americans.
Assisted Living: State-regulated communities designed for seniors who require 24-hour assistance with one or more tasks of daily living. Assisted Living communities provide aid in such tasks as bathing, dressing, housekeeping, and eating. Medication assistance varies according to state regulations. Assisted Living communities also generally offer activities for residents, transportation, and housekeeping services.
Continuing Care Retirement Community (CCRC): Communities providing a range of services and senior living options in one location, allowing seniors to enjoy familiar settings as they age. As needs change, seniors can move from Independent Retirement Living to Assisted Living to Nursing Home without relocating to a different facility.
HMO: A Health Maintenance Organization that provides comprehensive health care to voluntarily enrolled individuals and families in a particular geographic area by member physicians with limited referral to outside specialist. It is financed by fixed periodic payments determined in advance [Merriam-Webster’s Dictionary].
Home Care: Provides seniors with in-home assistance based on frequency and level of needs, and may include daily activities such as bathing, dressing, housekeeping, meals, and medication. Home Care is available in-home and in Independent Retirement Living communities but may be restricted in facilities providing higher levels of care.
Hospice Care: Intended to provide spiritual, emotional, and practical support for terminally ill patients with a life expectancy of six months or less. Hospice is designed to improve the patient’s quality of life in his or her final stages of life. The majority of Hospice care is provided in-home but is also offered in a range of other settings, including a Hospice facility, a hospital, or Nursing Home.
Independent Retirement Living: Independent Retirement Living is a unique and versatile senior living option, combining the ease and comfort of community living with the independence of a private apartment. These communities are ideal for seniors who seek a simpler, relaxing retirement lifestyle but do not require around-the-clock assistance (though Home Care is often available). Independent Retirement Living communities, such as Holiday Retirement’s, feature an all-inclusive lifestyle. While residents enjoy the comforts of having many daily tasks taken care of, they also receive the safety and security of live-in managers available 24/7 and emergency call systems in each apartment, as well as three meals per day, transportation, full social calendars, weekly housekeeping and linen service, and much more.
Live-in Managers: Feature of Holiday Retirement communities wherein managers live at the community they help operate.
Medicaid: A program of medical aid designed for those unable to afford regular medical service and financed by the state and federal governments [Merriam-Webster’s Dictionary].
Medicare: A federal medical insurance program for seniors 65 and older and others who qualify. Part A provides hospital and nursing care while Part B covers doctor care, therapy, and some Home Care.
Nursing Home: State-licensed facility intended for seniors requiring 24-hour nursing or health care, whether long-term or short-term. Nursing Homes offer a comfortable community surrounding, private or shared rooms, and around-the-clock medical staff, including registered nurses, licensed practical nurses, and nurses’ aides.
Respite Care: Short-term or temporary relief for caregivers. Care can range from a day to multiple weeks and can be administered in-home, at an Assisted Living facility, a Nursing Home, or an adult day care.
Lease Term Glossary:
The Lease Term Definitions below are general descriptions of items that may be found within a lease agreement. With any legal documents you sign, it's wise to ask an attorney for assistance in reviewing the terms of the contract and all of the fine print. Know what services are included in the base price and the price for every variable cost offered. Everything, including whether the base price is set to increase annually, should be documented in the contract.
An upfront annuity purchase that a community may charge as part of entry. Monthly rent payments follow the initial buy-in fee.
Length of Lease or Rental Agreement:
Term of the lease; the specified period of residency required in the contract.
Options that may be available for adjusting the term of the lease (length of the lease) and/or requirement to break the lease.
The upfront costs that must be paid in order to move into a community. Fees include, but are not limited to, refundable and non-refundable deposits, community fee, pet fee, etc.
Total cost of rent expenses that are paid on a monthly basis to a retirement community.
The types of payment accepted to cover monthly rent.
The date rent is due as well as the date rent is considered late and any late fees that will be assessed.
Rent & Fee Changes:
Find out how often rent or fee charges change and what notification (verbal, written, time frame, etc.) you are given prior to the change.
Contract Changes Permitted:
What steps (if any are available) are required by the community to alter the contract if changes in personal care or other needs arise that need to be added to the current contract.
Contract Termination Policy/Move-Out Policy:
The amount of time you are required to give if you decided to cancel your contract and/or move-out of the community. Be aware of any penalties for premature cancellation.
Second Occupant Fee:
The monthly additional cost to have a second person live in the contracted unit.
Variable Costs & Extra Costs:
Additional costs not included in the base price/monthly rent. See “All items not included in monthly rent” below for further information.
All Items Not Included in the Monthly Fees:
Usually considered additional service packages or items, these are charged to resident if they choose to select an additional service(s). Examples include additional meals, additional housekeeping (to increase from bi-weekly to weekly), transportation, pet fees, personal care, etc.
Items Not Included in the Second Occupant Fee:
If meals, transportation or other amenities that the first resident of the unit receives are not included in the second occupant fee, be aware of the additional costs that will be incurred to match the amenities the first resident enjoys.