Entrance Fees
The entry fee is a one-time fee and makes a significant contribution to future care that residents receive.
Entry fees vary by residence size. There is also a difference in the fee for single vs. double occupancy. Once a priority membership application and deposit has been received, members have access to detailed annual fee information.
Kendal contracts offer a refund on the entry fee, declining at 2% per month. A 50% Return of Capital option is also available.
Monthly Fees
Monthly fees cover the cost of delivering the ongoing contract services such as housekeeping, meals, basic utilities, grounds-keeping and maintenance.
They also include access to a number of amenities such as the fitness center and exercise classes, indoor heated pool, tennis courts, walking trails, library and regular off campus excursions.
Monthly fees are reviewed annually as part of the budget process.
Is this a good financial fit for you?
Try our easy-to-use calculator to find out which of Kendal at Ithaca’s residential options might be the best financial matches for you.
2024 Schedule of Fees
What are my contract choices?
Prior to move in, the prospect resident chooses one the contracts below. The contract is signed by Kendal and the resident, indicating a substantial long-term commitment by both parties.
Lifecare
The original, all-inclusive Life Care contract offers a comprehensive range of services that is unmatched by most senior living communities. Holders of this contract have the security of knowing that their fees will not increase as the level of care changes. The same monthly fees are paid by those living independently as by those receiving skilled nursing care. The contract also includes pharmacy coverage for prescription drugs on our formulary.
For those who wish to minimize the risk of unexpected future health costs, this contract offers the most protection.
50% Return of Capital
This contract is identical to the original, comprehensive contract except for the refund of entry fee.
Residents selecting this agreement pay a higher entry fee according to their ages. The entry fee refund then declines over the first two years until it reaches 50% of the original payment. Thereafter, residents or their estates receive a refund of 50% of the original entry fee. People who find this contract appealing are those seeking to preserve assets for their estate.
Modified
This contract is specifically designed for those who want to maintain their long-term care insurance.
Residents choosing this option receive a reduction in entry fee and agree to pay for three years of skilled nursing care (if necessary), usually by filing a claim with their long-term care insurance provider.
Skilled nursing care beyond the three-year period is paid for by Kendal. Like other contracts, it also does not include prescription drugs or Medicare co-pays.
Get more information
Contact us for more information regarding pricing.