Understanding Entrance Fees: A Smart Investment in Your Future

If you are beginning to explore senior living options, you are likely thinking beyond just floor plans and amenities. You are asking bigger questions:

• What happens if my health changes?
• Will I have access to care when I need it?
• How do I protect my future, and my family, from uncertainty?

That is where the entrance fee comes in.

At communities like Wesley Manor, an entrance fee is not simply an upfront cost. It is a strategic investment in long-term security, priority access to higher levels of care, and the peace of mind that comes from having a plan in place.

What Is an Entrance Fee?

An entrance fee is a one-time payment made when you move into a Life Plan Community. Unlike renting or purchasing a home in an active adult neighborhood, this model is intentionally designed to combine lifestyle and healthcare into a comprehensive, long-term plan for you or your loved one.

An entrance fee provides:

• Guaranteed residence within the community
• Access to a full continuum of care
• Priority access to assisted living, memory care, or skilled nursing
• Financial safeguards that protect you long term

Rather than waiting to react to a health crisis, an entrance fee allows you to plan ahead and secure care before you need it. This proactive approach is what truly sets a Life Plan Community apart.

How Entrance Fees Work at BHI Senior Living Communities

At BHI Senior Living communities like Wesley Manor, entrance fees are structured to protect both your lifestyle and your long-term healthcare access.

Secure Your Home for the Future – Your entrance fee reserves your residence and allows you to remain within the same community as your health needs evolve. There is no scrambling for availability, no searching for another campus, and no unnecessary relocations.

Receive Priority Access to Higher Levels of Care – If you ever need assisted living, memory support, or skilled nursing, you will receive priority access on the same campus.

Residents with a Life Plan contract may also benefit from reduced rates for higher levels of care compared to the open market. In Indiana, skilled nursing care can often exceed $8,000 to $10,000 per month, while Life Plan contracts typically provide access to these services at a lower rate than standard market pricing.

In today’s environment, where many care settings operate with lengthy waitlists, this protection is invaluable. It helps prevent crisis-driven decisions and ensures continuity of care in a familiar setting, surrounded by trusted caregivers and established relationships.

Gain Financial Predictability – Because BHI is a nonprofit organization, entrance fees are reinvested directly back into our communities and residents, supporting:

• The maintenance and enhancement of homes
• The recruitment and retention of high-quality staff
• The strengthening of care services
• The long-term stability and sustainability of the community

This creates stability designed to support residents for years to come.

Support Benevolent Care – One of the most meaningful, and often overlooked, benefits of the Life Plan model is benevolent care.

Benevolent care means that if a resident outlives their financial resources through no fault of their own, they will never be asked to leave because they can no longer afford to pay. It provides a built-in safety net that protects both residents and their families.

Entrance fee proceeds, along with support from the BHI Foundation, help fund this commitment. It reflects a mission-driven promise: your home and access to care remain secure, even if your savings are eventually depleted.

This kind of lifelong protection simply does not exist in rental or traditional ownership models, where the ability to stay is based solely on continued financial qualification.

Choose from Different Options – BHI communities offer various contract structures, including options that provide refundable portions of the entrance fee to you or your estate. This flexibility allows you to align your investment with your financial goals while still securing long-term healthcare protection.

Why an Entrance Fee Is a Smart Investment

When viewed long term, entrance fees provide meaningful value.

• You protect your healthcare future. Guaranteed access to care in an unpredictable market provides stability as costs rise and availability becomes more limited.
• You move once and stay. The emotional and financial strain of multiple relocations is eliminated as needs evolve.
• You stabilize your financial outlook. Exposure to escalating care expenses is reduced while a nonprofit-backed safety net through benevolent care adds long-term protection.
• You live independently today. Maintenance-free living, wellness programs, dining, and built-in social connection support daily well-being.
• You give your family confidence. Crisis-driven decisions are replaced with a thoughtful, proactive plan for the future.

This is not simply housing. It is long-term risk management for your health, finances, and future.

Life Plan vs. Rental vs. Purchase: A Clear Distinction

Many people compare Life Plan Communities to rental senior living or purchasing in an active adult neighborhood. While each offers lifestyle benefits, the long-term protections are significantly different.

Rental Senior Living

Rental communities may require less upfront investment, but:

• There is no guaranteed access to higher levels of care
• There is no entrance fee refund structure
• If you can no longer afford monthly rent, you may be required to move
• There is no benevolent care safety net

Rental options offer flexibility, but not long-term healthcare security.

Purchasing in an Active Adult Community

In an active adult purchase model, residents own their home and pay ongoing maintenance or association fees. While this structure can offer equity, independence, and lifestyle amenities, it does not provide long-term healthcare protection.

• There is no built-in healthcare continuum
• There is no priority access to assisted living or skilled nursing
• If service or association fees become unaffordable, the home may need to be sold
• There is no benevolent care safety net

Ownership may build real estate equity, but it does not protect against healthcare risks or guarantee stability if health or financial circumstances change.

Life Plan Community with Entrance Fee

A Life Plan Community offers:

• Continuum of care on one campus
• Priority access to higher levels of care
• Financial predictability
• Benevolent care protection
• The ability to remain in your community for life

A Life Plan Community with an entrance fee is the only model designed to combine lifestyle, healthcare access, and long-term financial security in one comprehensive plan: protecting your independence today and your health tomorrow.

Plan from a Position of Strength

The best transitions happen when residents move while active and independent, allowing them to build friendships, routines, and community long before care is ever needed.

Entrance fees are designed to reward proactive planning because you are not just securing housing:

• You are securing access.
• You are securing stability.
• You are securing protection.
• You are securing peace of mind for the people who matter most.

Choosing a Life Plan Community like Wesley Manor is one of the most important financial and healthcare decisions you will make in retirement. When viewed as an investment in your health, independence, and future security, not merely an expense, the value becomes undeniable.

Because retirement should be lived fully today, with confidence in tomorrow.