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The average cost of nursing home care in
a Peoria area nursing home is over $55,000 per year. Private
insurance and Medicare will cover little, if any, of the
costs and Medicaid will cover them only after you have
spent down your assets. What is Life
Care? Life Care is a type of continuing care
that provides residents with financial and health care
security because long-term care services are available
on campus. It combines active and independent retirement
living with the confidence of knowing that skilled nursing
care is available at the attached Biltmore Health Care
Center, should the need arise. In addition, the Residency
Contract provides unlimited room, board and care at
no charge should a resident need to use the skilled
nursing services of the Center.
Most importantly, our Life Care community guarantees
its residents that regardless of changes that may lie
ahead or an unforeseen depletion of savings or investments,
you won’t be forced to leave your home. You never
have to worry about outliving your assets, or placing
a burden on your children. Our Residency Contract assures
that residents can live with us as long as they want,
with no curtailment of services, even if their finances
take a downturn. This is our commitment to our residents…
a commitment we put in writing.
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