Bethany Village Residential Living Entrance Fee Plans
With entrance fees starting around $150,000 and one-bedroom apartment fees beginning at $1,853, you will be surprised at how affordable living at Bethany Village can be.
Bethany Village is committed to delivering flexible financial planning to fit your lifestyle. Entrance Fees help provide capital funds for upkeep, enhancements, and the wide range of services, programs and staff that a well-run community like Bethany Village require. With three unique plans, you can rest assured that you have access to a complete continuum of services that deliver the care you need, when you need it, for the rest of your life.
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Why Is an Entry Fee Needed?
Even though your residence in a continuing care retirement community is maintenance-free, Bethany Village does require maintenance. Entrance fees help fund enhancements and the wide range of services, life-enriching programs, and exceptional, caring staff that a well-run community requires. Entrance fees ensure that you will have a well-maintained and engaging place to call home.
Unlike many other senior living options, continuing care retirement communities, or CCRCs, provide quality, on-site healthcare services should your needs ever change – all while supporting a great lifestyle for independent seniors. And, as a not-for-profit organization, Asbury maintains a benevolent care program through the Asbury Foundation, offering financial support to residents who have outlived their resources through no fault of their own.
80% Refundable Plan
With this plan, you’ll receive 80% of your entrance fee refund from Bethany Village. This plan makes the amount of your refund more predictable and offers the most value by preserving your assets. Additional details can be found in our pricing plans document.
50% Refundable Plan
This plan requires a smaller upfront payment to move to Bethany Village than the 80% Refundable Plan, returning 50% of your entrance fee* to you or your estate at the time you are no longer a resident here. This option provides more long-term value than the Standard Plan.
The Standard Plan is the most affordable way to enjoy Bethany Village regardless of which residence you select. In this plan, the entrance fee amortizes over 60 months of residency. This means that during those first 60 months you live at Bethany Village, you could receive a partial refund of your entrance fee*. After 60 months, however, no refundable portion of your entrance fee remains.
Are you interested in learning more about pricing for Bethany Village? Complete the form below to receive your 2022 Pricing Guide via email!
Click here to download our Senior Living Cost Comparison Worksheet.
*Generally, the entrance fee is refunded when your residence is re-occupied by a resident who pays a new entrance fee. Specific terms regarding the refund of entrance fees are contained in the Residency Agreement. Carefully read the Residency Agreement for the conditions that must be satisfied before Asbury is required to pay the entrance fee refund.