Cedar Hill is a Continuing Care Retirement Community. We offer our residents a long-term contract that provides for a continuum of care including retirement (independent) living, assisted living, skilled nursing, rehabilitation services and home care services, all on our single campus called The Cedars. Our financial program, designed to preserve your estate, manages your financial risks for the future through a combination of a refundable entrance fee, comprehensive monthly fee, and economy of scale.


 

The first component of the financial plan for Cedar Hill is called the Refundable Life Use Fee (RLUF) determined by the size of your apartment and the number of people residing in the unit. An up-front investment, much like joining a country club, the RLUF or entrance fee to Cedar Hill, guarantees you lifelong residency on The Cedars campus. Best of all it is refundable, either 90% or 75% depending on the plan you select. So whether your plans change in the future and you decide to move, or should you live at The Cedars for the rest of your life, your deposit will be returned to you or your estate when the community receives a new deposit for your apartment. An additional benefit of choosing Cedar Hill is that you can move into your new residence without the costs associated with purchasing a condo or single family home, such as closing costs and real estate sales commissions.


 

The monthly service fee, determined by the size of your unit, number of residents and RLUF plan selected, covers most of the costs of associated with home maintenance (e.g. utilities). It also includes many extra services available to Cedar Hill residents that make your lifestyle simpler and more enjoyable (e.g. housekeeping, flexible dining, security, transportation, etc.). Because we provide our wonderful array of services and amenities to all our residents, Cedar Hill has the benefit of economy of scale which means we can offer much more for much less. In fact, because of the upfront RLUF, Cedar Hill residents pay about 50% less for monthly fees than they would if they lived in a rental community for similar services.


 

Living on The Cedars campus guarantees you access to an entire system of the highest quality health care. Our financial plan is fee-for-service which means that we have provided you all the benefits of a continuing care campus without pre-paying, a common practice among these types of communities. In addition, we offer our residents priority access to our healthcare facilities, a discount of 25% from per diem costs, and the option to spend down the RLUF as needed.


125 Scituate Avenue, Cranston, RI 02921 (401) 944-8500 info@cedarsliving.com Privacy Statement © 2004 The Cedars. All rights reserved.