Peconic Landing is an amenity-rich Life Plan Community (also known as a Continuing Care Retirement Community) for adults 62 and better, with a vibrant lifestyle full of educational and cultural arts opportunities, and access to award-winning long-term care should the need arise. Making the decision to move to a Life Plan community ensures that you can “age in place” and provides great peace of mind, knowing that you have access to additional services with predictable costs. Prospective members have the choice to secure access to long-term care for life at no additional cost through our Lifecare Contract, or on a fee-for-service basis through a Type C Contract. Both options include all of the benefits of Peconic Landing’s unique equity ownership model and hassle-free lifestyle so you have the financial security and freedom to relax and enjoy the things you love most.
Lifecare (Type A)
With the rising cost of long-term care, Peconic Landing’s lifecare contract protects individuals from the exorbitant expenses of long-term care. A lifecare contract (Type A), similar to a long-term-care insurance policy, allows members to move from one level of living to another, as needed, without an increase in fees.
As a lifecare member at Peconic Landing’s Long Island retirement community, you can access our award-winning assisted living, memory support, short-term rehabilitation and skilled nursing care at no additional cost. This means you will continue to pay the same monthly service fee even if you transfer to a higher level of living within the community.
As an added benefit for couples where both individuals are lifecare members, there is significant value, as this contract allows one member to continue to reside in his or her cottage or apartment home should the other need care in the Health Center – all at no additional cost.
Fee-For-Service (Type C)
Similar to most Long Island retirement communities, Peconic Landing’s Fee-For-Service (Type C) contract offers the benefits of hassle-free homeownership while providing access to all of the lifestyle amenities available on campus. Members can also access Peconic Landing’s award-winning assisted living, memory support, short-term rehabilitation and skilled nursing care if needed at the fee-for-service rate.
This contract provides peace of mind as the stresses of home maintenance and upkeep will be taken care of, with health services available if needed. Type C members also have the opportunity to apply for lifecare membership at a later date, if interested. This contract is an accommodating option for those who already hold a strong long-term care insurance policy.
Members pay a monthly service fee, which ranges in cost depending on the size of the home, covering all maintenance, housekeeping services, and lifestyle amenities. Type C members seeking services in the Health Center pay the fee-for-service rate.
A Life Plan Community might be right for you if…
- You like to have a plan and want to be in control of your own lifestyle.
- You don’t want to be a burden to family because of unexpected health needs.
- To ensure quality, award-winning care if health issues do arise.
- You want financial security and peace of mind knowing what your future living expenses will be