What’s a Life Plan Community?
A rich, fulfilling lifestyle and access to top-quality future care: It’s not a tall order to want both. Today’s retirement communities were designed with today’s older adults in mind.
These modern Life Plan Communities feel more like resorts, with beautiful surroundings, delicious food, and endless options to fill your social calendar. Also known as Continuing Care Retirement Communities (CCRCs), they also offer a variety of residential options, from independent living to assisted living, with some offering skilled nursing and memory care, too.
Within Life Plan Communities, there are three basic care arrangements:
Type A: Somewhat rare in the senior living landscape, these typically include unlimited access to available care services with little or no increase in a resident’s fees. The majority of Vi communities are Type A Life Plan Communities.
Type C: If residents need care, they will be billed separately for all services at the market rate.
Type B: A hybrid of types A and C, these often include a set number of days in the community’s care venue at the monthly fee rate. Future care is billed at market rates.
Life Plan Communities provide living and planning options that aim to put prospective residents’ lifestyle needs and goals at the forefront.
THE Vi ADVANTAGE
Life on your terms. A plan for when you need it.
We measure our success through resident satisfaction. We survey our residents every other year to gauge satisfaction about topics like housekeeping, food and beverage services, lifestyle programming, and care.
In 2018, more than 90% of Vi residents responded, and overall satisfaction was 91%. Additionally, 95% of respondents say they would recommend their community to a family member or friend — and 82% of them already have.
LIVING WELL AT Vi
Redefining senior living for more than 30 years
Founded in 1987, Vi first offered rental senior housing under the name Classic Residence by Hyatt. These communities were designed to translate the Hyatt brand’s renowned luxury and hospitality to the retirement world.
Vi acquired its first Continuing Care Retirement Community — Bentley Village in Naples, Florida — in 1992, beginning our trajectory into our current model. In 2010, Classic Residence officially rebranded as Vi (pronounced “vee”), derived from “vida,” the Latin word for “life.”
Throughout Vi’s history, we have maintained our commitment to helping seniors live independent lives on their terms, and provided a nurturing environment for our employees to build fulfilling careers of service and care.
In 2017, Vi celebrated its 30th anniversary. We have grown to 10 vibrant communities across the United States, and today more than 4,000 seniors proudly call Vi home. We support more than 2,900 employees in our corporate and community offices who are deeply committed to the care of our residents.