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40 <br />• <br />ffrl041A 7 urs:ua 7uut79ut�7w r„ ,r•k,L�.� r..a� ,: <br />Of support services, such as assisted living, Alzheimer's care and nursing, As clic residents age and <br />become more frail, the frequency and intensity of services required typically increase and additional <br />services may by needed (i.e_ assistance with ainbulation, monitoring of conf sscdlwandering resicicni, <br />assistance with groom inoiyviene, etc.). Ulicn this need for increased assistance in daily living <br />occurs, the Seniors lifestyle - of necessity - becomes much more limited. Those Seniors with <br />severely limited lifestyles can obviously dedicate a larger portion of their discrctionarylavailable <br />income for services. Under these conditions, a Senior in assisted living can actually exceed the 75% <br />to 80% of income criteria. <br />structs f the Assists <br />LivinE Monthly Senates Fee <br />The specific monthly service fees for the subject assisted living units may represent a <br />combination of a fee for "shelter," canpreg;ate services and a base level of assisted living; services. <br />There will also be incremental add-on costs for varying increasing levels of assistance indaily living. <br />These add-on, a la cartc charges Would be determined for each individual resident and revised as <br />their conditions change. This is a strategy which is currently being evaluated and implemented by <br />a number of assisted living ownerloUeratots in tlae Sebastian Primary Market Arca as well as across <br />the nation and should be considered by the Development Team. MDS is available to braittstarrn <br />various ways to implement this price tienng strategy with the Devclopnient'teatn. <br />In order to evaluate the affordability levels and the size and depth of the market to <br />s accommodate this price tiering strategy, MISS considered not only the minimum quahfying, income <br />cnteria roe the reconirnended base assisted living pncing, but also considered additional srenanos <br />of increasing qualifying household incomes [this been NlIDS' nalmnyl experience that the mcircue <br />in pricing at communities that wr uWittng clic he d ,pricing stratevy kn ually tanges from +$300 to <br />L <br />