Open toolbar 304-697-1620 info@woodlandswv.com Home Blogs Events Giving Residents Contact About Us Our Community Independent Living Continuing Care CONTINUING CARE LifeCare | | Service Costs Independent Living | Assisted Living | Memory Support | Respite Care At Woodlands, we are dedicated to providing a full continuum of care and a rich, fulfilling living experience – one that makes our residents happy to call us home. We are first and foremost a community that provides independent living opportunities in an environment that is supportive of an active lifestyle and the companionship of close friends. We are also a provider of high quality onsite assisted living and memory support for residents with advancing health needs that require higher levels of support, as well as respite care for those just needing a break. LIFECARE Woodlands combines unparalleled financial security and peace of mind, with a truly independent lifestyle and wide range of services and amenities. Living at Woodlands eliminates the time-consuming chore of home maintenance, fear of becoming a burden to relatives, the concerns of aging among strangers, and worries about the availability and cost of quality long-term care. Woodlands is also special in that it is the only continuing care retirement community in the tri-state area that is also a LifeCare community. As a LifeCare community, we offer the ability to pay a larger initial entrance fee, which is partially tax-deductible, in exchange for highly reduced costs on assisted living and memory support that may be needed in the future. LifeCare essentially works like an insurance product, guaranteeing access to advanced health care services, when you need them, at a controlled and substantially-reduced price. Best of all, with LifeCare, you have security in knowing that you will always have a home at Woodlands, surrounded by friends and staff who care about you, even if you outlive your financial resources. That’s peace of mind at its finest. Facts about LifeCare: LifeCare is an excellent estate conservation device. It eliminates worry of outliving financial resources. LifeCare affords residents predictable health care costs in the future and can replace or be a supplement to any long-term care insurance you may carry. When and if Assisted Living or Memory Support services are needed and used, LifeCare applies a substantially reduced rate for those services, always making the monthly rate for a standard Assisted Living or Memory Support unit comparable to that of a one-bedroom, independent living unit. Residents are eligible for a one-time medical tax deduction in the year in which the balance of the Entrance Fee is paid when moving in. Consult your tax advisor. Independent living residents participate in ongoing eligibility for a medical tax deduction based on the monthly fee for each month of residency each year. All medical tax deductions are dependent upon your actual income for the deduction. Consult your tax advisor. COST OF SERVICES The cost of living at Woodlands is made up of a one-time entrance fee and an ongoing monthly service fee. The entrance fee and monthly service fee depends on these factors: Selected floor plan Whether you choose and qualify for a LifeCare contract Whether you choose to pay on a fee-for-service basis. Fee for Service As an alternative to LifeCare, Woodlands offers a fee for service type of residence and services agreement for those who have elected alternative methods of long-term health care payment. What happens if my spouse needs Assisted Living or Memory Support services and I don’t? Do we have to pay two fees? Do we have to move from our apartment home or cottage? No, the independent resident can remain in the unit. The person in the apartment will continue to pay the first person fee and the assisted living or memory support resident will pay the one bedroom rate. How do I reserve an apartment home or cottage at Woodlands? Planning ahead is always a smart move. At Woodlands, we have a Wait List of people who want to reserve an apartment home or cottage today to help ensure the type of unit they desire is available either now or in the future. What if I decide not to move in? If you cancel your place on the Wait List for any reason, your full deposit will be returned. Contact Us Have a question or want to set up a tour? Call us at (304) 697-1620 Or send us a note through this form. Sign me up for your e-newsletter Facts about Fee for Service: The fee for service plan offers entrance fees and monthly residence fees at a rate that is 30 percent less than the rate offered in the LifeCare plan. In exchange, long term health care costs are not discounted or based on lower independent living rates, but are extended at the market rate. The fee for service plan allows the residents to pay for long-term health care services only when they use them. The fee for service plan allows a resident to benefit from his/her long term care insurance policy. The fee for service plan allows residents to self-insure. Consult your tax advisor. Fee for Service As an alternative to LifeCare, Woodlands offers a fee for service type of residence and services agreement for those who have elected alternative methods of long-term health care payment. Woodlands One Bradley Foster Drive Huntington, WV 25701 304-697-1620 Sign up for our E-Newsletter About Us Our Community Independent Living Assisted Living Memory Support Respite Care Events Blogs Contact Careers ©2021 Woodlands Retirement Community. All Rights Reserved. Website by Love & Company • Privacy Policy