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.
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
- 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.