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LifeCare® & Financials Overview

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When you enter independent living at Cottage Grove Place under one of our a LifeCare plans, you’ll pay a one-time entrance fee, along with a recurring monthly fee.

The entrance fee is determined by the size and type of the apartment home you choose and entitles you to a lifetime in your home and priority access to future care if you ever need it—including assisted living, memory care, skilled nursing, rehab, or long–term care—even if you outlive your resources.

The monthly fee depends on the size of your residence and the number of occupants. A second person living in the residence pays a significantly lower rate. This monthly fee covers utilities, dining, security, housekeeping, interior and exterior maintenance, transportation, and all of the other many services and amenities that make Cottage Grove Place special.

1

Prepared for the Future

With LifeCare, you can enjoy independent living today knowing you’re ready for whatever healthcare needs you may have tomorrow.

2

The Comfort of Certainty

You’ll always know exactly where you’ll be cared for, who will provide your care, and what it will cost.

3

Refundability

Depending on which LifeCare agreement you choose, up to 80% of your entrance fee can be refunded to you or your estate.

LifeCare® or Rental? The Choice is Yours

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Yes, you really can have it all! With our variety of different LifeCare contract choices, as well as monthly rental plans with no entrance fee, you’re bound to find a way to live at Cottage Grove Place that fits your lifestyle and finances. Take a look below to see highlights of our LifeCare and rental options.


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LifeCare® Financial Option

Key highlights of LifeCare:

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One-time entrance fee + recurring monthly fee.

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Guaranteed lifetime in your home even if you outlive your resources.

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Priority access to advanced levels of on-campus care at a predictable cost that’s virtually the same as your independent living monthly fee.

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All-inclusive lifestyle with an array of premier services and amenities.

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Financial Assessment

Does Cottage Grove Place fit into your financial plans? Try our easy-to-use calculator to see which residential option might be right for you!

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Frequently Asked Questions

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When you move into your residence at a LifeCare community, you’ll receive a variety of services such as dining, housekeeping, scheduled transportation, maintenance, and security. You’ll also have access to a whole array of incredible amenities and social, wellness, and educational activities. You’ll live independently and enjoy the lifestyle you create for yourself. But the unique benefit of a LifeCare community is guaranteed priority access to a continuum of care right on the same campus if and when it’s needed, even if you outlive your resources. For instance, as a LifeCare community, Cottage Grove Place provides a full range of care, including assisted living, memory care, skilled nursing, short-term rehab, and long-term care. Transition among these levels of care is simple and seamless, and you’ll always have the peace of mind knowing that you’ll be receiving care surrounded by friends and staff who know you.

Still Have Questions?

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We’d love to hear from you! Just reach out to our expert team and we’ll be happy to help in any way we can.