A Life Plan Community, formerly known as a “Continuing Care Retirement Community (CCRC),” is a senior living community that offers different levels of living and care on site. These care options—independent living, assisted living, memory care, long-term and skilled nursing—help meet residents’ changing needs in a comfortable environment they already know with people they already trust. A Life Care Community is also a Senior Living Community that offers the same care options, but with a different financial arrangement. A Life Care Community typically requires an entrance fee in addition to a monthly fee that covers the costs of services and amenities and ensures future care at below-market rates.