
There are two types of fees associated with a CCRC: Entrance Fees and Monthly Service Fees. The Entrance Fee is the one-time, up front cost for the residence and the contract that guarantees residents' lifetime access to the continuum of care for the balance of their lives. The entrance fee is based on the size of residence, number of occupants and the refund plan selected.
Monthly service fees are based on the size of the residence and number of occupants. These fees provide each resident with certain services and amenities such as meals, transportation, housekeeping, maintenance, utilities, and linen service.
The 90% Refundable Entrance Fee Plan allows for a refund of 90% of the original first person Entrance Fee paid upon Residency.
The Traditional Entrance Fee Plan allows for a declining refund over a four-year period. The amount available for a refund declines by 4% after the first 90-days, and further declines 2% per month for the next 48 months of Residency.
Refunds are paid per the terms of the Continuing Care Residency Agreement.
Traditional Entrance Fees range from $174,000 to $472,800
90% Refundable Entrance Fees range from $329,500 to $802,200
Second person fee of $42,000 applies.
Monthly Fees range from $2,770 to $5,878 Single occupancy
Second person fee of $1,477 applies.
Jefferson's Ferry • One Jefferson Ferry Drive • South Setauket, NY 11720 • Toll Free: 1-888-233-1330 • (631) 650-2600 • mconsultant@jeffersonsferry.org