|
Here, you'll find answers to some of the most commonly asked
questions about Edgemere and our exceptional retirement lifestyle.
If you have a question not listed here, you can ask a Senior Living
Counselor by e-mailing us on the Information Request page, or by calling Edgemere at
(214) 265-9100.
We're Glad You Asked
People have asked us hundreds of questions as they have considered their move to this unique community. We have gathered a list of the most frequently asked questions in the hope of making the decision about your future a bit easier.
What is Edgemere?
Edgemere is a resort-style
community for people 62 and over, which contains three defining elements. First, it is a residential neighborhood that encourages wellness through an active, independent lifestyle, and the companionship of close friends. Second, it provides services, events, and special amenities, which enhance independent living. Third, it provides every resident guaranteed access to on-site assisted living and private nursing care at little or no additional cost, should they ever need it for long term care. Because Edgemere provides all this, and does so without the concern of the escalating cost of health care, it is called a life care community, and it is the only such community in Dallas.
What is so special about a life care community?
Life care is like having a "lifetime
guarantee" - all the care you might need in the future, and
lifetime coverage for the cost of that care. Living at
Edgemere 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. Life care at
Edgemere combines unparalleled financial security and peace of
mind, with a truly independent lifestyle and a wide range of
services and amenities, in one of the nicest neighborhoods in
Dallas.
How much does it cost?
The cost of living at Edgemere is made up of a one-time entry fee that is 90% refundable to you or your estate regardless of how long you live here and a monthly service fee. The entry fee and
monthly service fee depends on the floor plan you choose.
What does the monthly service fee cover?
You will find you scarcely
have to write any checks once you move to Edgemere. The
monthly fee covers just about everything: full interior and
exterior maintenance of your apartment home and the
beautifully landscaped grounds; all the community amenities
and recreational activities, including an extensive fitness
center, indoor heated pool, performing arts center, day spa,
one meal per day per person in either of our two restaurants
plus continental breakfast; all utilities with the exception
of your phone, weekly housekeeping and laundering of your flat
linens; on-site security with emergency call systems in each
apartment; chauffeured transportation; underground parking;
plus unlimited use of assisted living and private nursing care
if needed.
Will the monthly fees go up?
Yes, it is reasonable to expect annual increases in the monthly fee to offset increases in the cost of utilities, staff salaries, and operating expenses. Historically, the average increase is between three to five percent.
What happens if my spouse needs nursing care and I don't? Do we have to pay two fees? Do we have to move from our apartment?
No, you will not have to pay two fees. No, you do not have to move from your apartment. This is the true financial protection of life care. Even if one of you is in your apartment and the other is in nursing care or assisted living, you pay only the monthly fee of your apartment for any long-term care.
How do I reserve an apartment home at Edgemere?
By visiting our community and
choosing the floor plan and location you prefer. You place 10%
of the entry fee as a deposit on the apartment of your choice.
You do not pay anything else until you move in.
What if I decide not to move in?
If you have to cancel your reservation due to reasons beyond your control, you would receive your full deposit back. If you simply change your mind, you still receive your deposit less a $500 processing fee.
We hope this answers some of your questions, and invite you to visit and discover Edgemere for yourself. We look forward to seeing you.
|
