Understanding Our Financial Structure

How Much Does It Cost to Live at Ann’s Choice?

As a senior living on a fixed income, your costs can add up rapidly. While the mortgage may be paid off, there are monthly expenses to contend with, plus property taxes, house repairs, and so on.

Ann’s Choice in Bucks County, PA, has a smart financial structure to help you manage your day-to-day spending and safeguard your future.
 

I think the value we receive for our dollar amount here is incredible.

—Woody and Royalene D.

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There Are Two Basic Financial Components:

1. 90% Refundable Entrance Deposit*
   You’ll secure your independent living apartment home with a one-time 90% Refundable Entrance Deposit. Should you wish to move, 90% of your deposit will be returned to you. Should you spend the rest of your life here, 90% will go to your family.
   
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2. Monthly Service Package
   We streamline your regular living expenses into one bill that you pay each month. This Monthly Service Package includes utilities, property taxes, flexible dining, and so much more. Best of all, the cost remains predictable all year long.
   
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A History of Financial Strength

What sets Ann’s Choice apartments apart from other Bucks County senior living options? It’s our financial strength and track record. Consider these financial benefits:

• Not-for-Profit Community
  Ann's Choice is a 501(c)(3) not-for-profit corporation and an affiliate of National Senior Campuses, Inc. (NSC). The focus of the boards of NSC and its affiliated communities is on pursuing their not-for-profit missions and on the people who call the NSC communities home.

• Home for Life Commitment
  Unlike other communities, Ann’s Choice maintains a Benevolent Care Fund. This fund assists eligible residents who outlive their resources. No one has ever been asked to leave because of a genuine inability to pay.
   
• Consistent Growth
  Since opening our doors in 2003, we’ve seen steady and measured growth. Our campus includes three residential neighborhoods, three clubhouses, and an on-site continuing care neighborhood.
   
• Higher Than Average Occupancy
  We’ve exceeded industry standards for occupancy ever year that we’ve been open. As of January 2015, we have an occupancy rate of more than 97%—significantly higher than the industry average of 88%.
   
• Fee-for-Service Advantage
  Many senior living communities require you to pay upfront for services you may never need. Not Ann’s Choice. Here, you only pay for a higher level of heath care when and if you need it.
   
• Senior Living Expertise
  Ann’s Choice is a community managed by Erickson Living, a network of communities with 35-plus years of experience in senior living and health. Currently, Erickson Living manages 19 communities in 11 states.

*See our Residence and Care Agreement for details.