1502 West NC Highway 54,
In response to a few client inquiries and my own personal interest, I spent some time recently refreshing my knowledge of Continuing Care Retirement Communities (CCRCs) in North Carolina. Below I share an overview of what I learned along with some web links for further information.
(from the NC CCRC 2022 Reference Guide, https://www.ncdoi.gov/media/1020/open)
In general, CCRCs are communities that provide a continuum of care to older adults under a contract for the life of an individual or for a period longer than 1 year. Typically, there are three levels / stages of care offered:
CCRCs are generally a collection of apartments, town homes, or cottages and include common activity areas such as a library, activity and craft rooms, a restaurant-like dining room, an assisted living facility, and a nursing home. Other amenities often include banking services, convenience stores, walking trails, gardens, swimming pool, fitness center beauty/barber shops, and guest accommodations.
I recently attended a two-hour webinar hosted by a local CCRC, during which the presenters explained the four different types of CCRCs in NC. They also shared resources available on the NC Department of Insurance website regarding CCRCs. Below is an outline of the four types of communities that were discussed.
Visit the following NC Department of Insurance links for detailed information regarding CCRCs in NC:
Continuing Care Retirement Communities Main Page
Continuing Care Retirement Community Reference Guide
Full List of Licensed Continuing Care Retirement Communities in North Carolina
In NC, CCRC ‘Disclosure Statements’ (updated annually) provide key details about each community. Visit the below link for a list of CCRC’s and their respective Disclosure Statements.
PLEASE NOTE: The information being provided is strictly as a courtesy. When you link to any of the web sites mentioned, we make no representation as to the completeness or accuracy of information provided at these web sites.