4 Things You Should Know About a Life Plan Community Entrance Fee


If you’ve been researching your options for fun and active retirement living that offers long-term security and enhanced care level options should you ever need it, you may have come across a new term: entrance fee.

Fountaingate Gardens, Long Island’s newest Life Plan Community* located on the Gurwin Healthcare System’s 36-acre campus in Commack, offers its members independent, maintenance-free retirement living, complete with exceptional services and amenities. Like many Life Plan Communities, residency will require an entrance fee and a monthly service package.

But what exactly is an entrance fee? And how does it differ from a real estate purchase? Here’s everything you need to know.

The Fountaingate Gardens entrance fee is a one-time expense

An entrance fee guarantees priority access to future health care from the highly regarded Gurwin Healthcare System, including assisted living, short-term rehabilitation, memory care and skilled nursing care. It also provides the assurance of “A Home for Life,” promising that, should you exhaust your assets, you will never be asked to leave the community.

In addition to the one-time entrance investment, there is also an all-inclusive service package that you’ll pay monthly once you move in, which covers all services and amenities, home and campus maintenance, multiple dining options, utilities, and much more.

Your entrance fee is based on your personal selections

As noted above, Fountaingate Gardens is not a real estate purchase. The community offers several different residency contract options that outline the level of future care services you may choose depending on your individual plans for asset and health care protection. The cost of the entrance fee depends on both the size of the residence and the contract type you select. In addition to 17 floor plan options to choose from, you’ll have two contract options to consider:

  1. The Life Care (Type A) contract is the most comprehensive, guaranteeing your monthly service fee will not change – regardless of the health care services you receive – except for a small yearly adjustment for inflation.

  • The Modified (Type B) contract does not require that you pre-pay for future health care services until or unless you need them. This contract option pairs well with long-term care insurance.

Your entrance fee can be refundable

Once you choose Fountaingate Gardens, your residency agreement (the contract outlining services, terms, responsibilities, and costs between you and Fountaingate Gardens) will define the portion of your entrance fee that is refundable upon move-out. This portion can range from 0% up to 80% depending on the selections you make. The variety of flexible options enables you to choose a plan that works best for you.

You’re making a proactive choice

Choosing a Life Plan Community and paying an entrance fee is a proactive decision, much like purchasing home or car insurance. Like all insurance, you hope you never need to use it, but it’s there just in case… giving you – and your family – peace of mind, assurance and control. You may never need the health care services your entrance fee grants you access to, but at a Life Plan Community, you’ll always be prepared.

The best way to appreciate all the benefits of independent living at our Life Plan Community is to visit our beautiful new community! Call us today to schedule your tour: 631-715-2693.

*Also known as a Continuing Care Retirement Community or CCRC

6 Responses

    1. Joyce,
      Thanks for the comment! We believe that Fountaingate Gardens will offer much more than a standard 55+ community and we invite you to learn more. To receive more information, you can simply call 631-715-2693 and one of our Senior Lifestyle Consultants will give you all the details. We will also reach out to you by email.

  1. Please send a price list for individual living, in a private home or a 2 bedroom 2 bath apartment, as well as what entrance fee would be Thank You

  2. What is the average age for those who have signed up for Fountaingate? Why a pickleball court for older folk?

    1. Good morning Jack and thank you for your inquiry. Life Plan Communities like Fountaingate Gardens are ideal for active adults age 62 and better. Currently our initial depositors range in age from 62 to 90 years young! Our founding members are active, engaged individuals who are already networking and building their neighborhood community through many social events. Our campus has been designed for whole-person wellness to promote healthy aging for Fountaingate Gardens residents. Pickleball is just one of the featured activities of our community due to the cardio benefits it offers – and its limited stress on joints and muscles — as well as its socialization benefits, which help to bolster cognitive health! Fountaingate Gardens’ mission is to help active seniors live a rich and vibrant lifestyle, and to provide a healthcare safety net to top-quality care if needed down the road. We encourage you to reach out to one of our Lifestyle Consultants to learn how Life Plan Community living at Fountaingate Gardens can help you to live the best of your life (631-715-2693).

  3. I am 64 and live in NC. My daughter lives in Dix Hills. Down the road, I’d be interested in your facility, but I am not yet ready to move. Do you have a waiting list? Do you have a deposit system to get on a waiting list?

    I will be visiting my daughter many times this year and would like to arrange a tour.

    Thank you,

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