Answers to frequently asked questions about Friendship Village and senior living in Columbus
Friendship Village Columbus (FVC) is a Life Plan Community, which means we offer the plan for your future. Having a plan that combines the safety net provided by the availability of healthcare with the freedom from the day-to-day tasks that come with homeownership allows residents to live life to the fullest. Life Plan ensures placement for care services at a set price. Life Plan combines the freedoms and benefits of independent living with preferred access to on-site care for life. You have the assurance of a full continuum of quality care for unlimited days at a predicable cost, for life, with guaranteed access to assisted living, memory care, and skilled nursing at essentially the same monthly fee as your current residence. A Life Plan Community like Friendship Village Columbus provides the perfect opportunity to plan, live, and love your retirement.
FVC offers a variety of contract options, including rental, Life Care, and Life Choice. On July 1, 2018, we introduced a new pricing structure to provide even more flexibility for your future.
- Rental contract provides a pay-as-you-go option.
A rental contract is designed for those who prefer no upfront entry fee. Our rental contract has changed to an a la carte type contract. The monthly fee is less than current and you pay as you use services. Cable and utilities are included.
- Make a sound decision with a Life Choice contract.
FVC’s new Life Choice agreement allows you to pay a lower entrance fee and receive a discount on healthcare costs as well as up to 10 free days in the Health Care Center or short-term assisted living in a calendar year. The return of capital options are now 50 percent refundable. This contract type works well for those who want to make sure there is money to provide to their trust or inheritance.
- Take control of your future with a Life Care contract.
Our Life Care contract option remains the same and provides the greatest control over limiting your future healthcare costs. For a one-time full entry fee, you receive secured, set pricing for unlimited use of assisted living, memory care, or skilled nursing over the course of your lifetime. The return of capital options are now 50 percent refundable. Because this option is a type of pre-paid healthcare, there is also the potential for significant tax-related savings.
As a Life Plan Community, FVC lets you plan for your future with a variety of contract choices to best suit your needs. Having a plan that combines the safety net provided by the availability of healthcare with the freedom from the day-to-day tasks of homeownership allow residents to live life to the fullest.
Yes. Friendship Village Columbus has short and long-term leasing contracts available for independent living apartments.
Pets are welcomed in Friendship Village Columbus apartments. Please contact a marketing representative at (614) 890-8282 or click here for more information.
Assisted living costs vary by community and even by state. There are some financial assistance programs, such as Medicaid, veteran’s programs, Medicare, Medicare Advantage, and Social Security. Other funding sources include reverse mortgages, life insurance benefits, assisted living loans, and long-term care insurance. Visit PayingForSeniorCare.com for more information about financial assistance and funding options for assisted living/senior living. This resource includes an assisted living financial resource locator tool, as well as tips for developing a financial plan for assisted living. There’s even a home care vs. assisted living cost calculator for reference.
The cost for assisted living, home care, and adult day care varies by state. Learn more about financial assistance and senior care costs in Ohio. This webpage will help Ohio residents understand assisted living, home care, and adult day care costs throughout the state. It also explores the payment options and financial assistance programs available to assist in caring for the elderly in residential care or for aging in place at home