Continuing Care Retirement Community (CCRC) Law and Legal Definition
Continuing Care Retirement Community (CCRC), otherwise known as life care community is a kind of alternative house for an individual to live independently upon becoming a resident in the community where s/he avails the needed personal care services. CCRC provide fully independent living, assisted living and skilled nursing services for which they charge an entrance fee as well as a monthly payment. CCRC deals with 3 types of contracts namely
1.Extensive contract which covers residential services and amenities.
2.Modified or fee for service contract which provides residential services and amenities along with nursing care on the basis of a specified amount.
3.Fee for service continuing care contract covers residential services and amenities in addition to emergency and short term nursing care.
The term "continuing care retirement community" is defined under 42 USCS § 1395w-22 (l)(4)(B), with respect to an enrollee in a Medicare + Choice plan, as an arrangement under which housing and health-related services are provided (or arranged) through an organization for the enrollee under an agreement that is effective for the life of the enrollee or for a specified period.
