Senior Housing: An Overview
About Senior Housing
• Broad term
– Both a place and a way to live
• Today’s seniors (led by Boomers) have an
opportunity ...
Active Senior Living
• Variety of housing
options within a
community geared to
those over 55
• Apartments
• Condominiums
•...
Senior Apartments
• Housing marketed to people over 55
• No support services offered:
– No available staff
– No housekeepi...
Independent Living
• Residential housing similar to an apartment or
condominium complex
• Added benefit of 24-hour staff
–...
Assisted Living
• Includes private apartments
– Studio
– One-bedroom
– Two-bedroom
• 24-hour staff
– Assist with activitie...
Memory Care
• Individual apartments or private rooms
• Safe and controlled atmosphere
• 24-hour trained medical staff
• Ma...
Care Homes
• Generally found in neighborhoods
• Usually privately owned
• State-licensed
• Non-medical care
• Six or fewer...
Continuing Care Retirement
Communities (CCRCs)
• Continuum of care
– Housing
– Services
– Health care
• Assisted living is...
Skilled Nursing Facilities
• Also known as:
– Nursing homes
– Rehabilitation facilities
• 24-hour medical care
• Private a...
A Snapshot of Senior Housing
This chart reflects general levels of service. Skilled nursing and personal care are often
av...
The Importance of Researching
Senior Housing Options
• Senior housing options increase with the aging of the
population
• ...
SeniorHomes.com
• Information in this presentation provided by
senior housing writer Marky Olson
• SeniorHomes.com is a fr...
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Senior housing anoverview

  1. 1. Senior Housing: An Overview
  2. 2. About Senior Housing • Broad term – Both a place and a way to live • Today’s seniors (led by Boomers) have an opportunity to live life on their own terms • Choices for senior housing are evolving and expanding – Senior population increasing – Market evolves to meet needs, desires • Descriptive terms may differ, but senior housing is generally viewed in the following categories
  3. 3. Active Senior Living • Variety of housing options within a community geared to those over 55 • Apartments • Condominiums • Single detached houses • Focus on activities and services appealing to seniors: – Classes – Seminars – Recreation – Travel options – Proximity to outdoor sports
  4. 4. Senior Apartments • Housing marketed to people over 55 • No support services offered: – No available staff – No housekeeping services
  5. 5. Independent Living • Residential housing similar to an apartment or condominium complex • Added benefit of 24-hour staff – Medical emergencies – Housekeeping services
  6. 6. Assisted Living • Includes private apartments – Studio – One-bedroom – Two-bedroom • 24-hour staff – Assist with activities of daily living (ADLs) • Level of care varies – From light housekeeping to extensive personal assistance
  7. 7. Memory Care • Individual apartments or private rooms • Safe and controlled atmosphere • 24-hour trained medical staff • May be free-standing or in a designated area as part of a larger assisted living facility
  8. 8. Care Homes • Generally found in neighborhoods • Usually privately owned • State-licensed • Non-medical care • Six or fewer residents • More cost-effective than other types of senior housing • Provide a more home-like environment
  9. 9. Continuing Care Retirement Communities (CCRCs) • Continuum of care – Housing – Services – Health care • Assisted living is not always included • Skilled nursing care always available (on or off-site) • Contract to residents guaranteeing housing and nursing services (often for a lifetime)
  10. 10. Skilled Nursing Facilities • Also known as: – Nursing homes – Rehabilitation facilities • 24-hour medical care • Private and semi-private rooms
  11. 11. A Snapshot of Senior Housing This chart reflects general levels of service. Skilled nursing and personal care are often available through a third party. Prices vary according to the service one is receiving and the area of residence. Independent Living Assisted Living Memory Care Care Home CCRCs Skilled Nursing Cost per Month $1500-$3500 $2200 + services $2200 + services $2500 - $3500 $4000 - $8000 $7000 Meals per Day Options 1-3 3 3 Options 3 Medication Management No Yes Yes Possibly Yes Yes Personal Services Options Yes Yes Yes Options Yes Accepts Wheelchairs Yes Yes Yes Yes Yes Yes Dementia Care No Possibly Yes Possibly Options Yes On-site Nurses No Usually Yes No Options Yes Transportation Usually Yes Yes Yes Yes Yes
  12. 12. The Importance of Researching Senior Housing Options • Senior housing options increase with the aging of the population • Thoroughly discuss and research options in advance of an intended move • Read through our library of senior housing resources to learn all you can about the options available • Browse our directory of senior housing in your area to find the right home for you or your loved one
  13. 13. SeniorHomes.com • Information in this presentation provided by senior housing writer Marky Olson • SeniorHomes.com is a free resource for seniors and families searching for housing and care services • Visit http://www.seniorhomes.com for more information on senior housing

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