Kennedy was the first supply-sider. In January 1963, in his State of the Union address, Kennedy called for a tax cut. Congressional leaders, led by Ways and Means Committee Chairman, Wilbur Mills, were skeptical. Mills felt that since there was no recession at the time, there was no need to take action.
Payments to a CCRC/FFSCCRC consist of two components: an entrance fee (generally comparable to the average value of residential homes in the community's geographic area); and, a monthly fee. Entrance fees begin at approximately $115,000 for a single person independent living unit.he long term care services, enriched housing/assisted living and skilled nursing facility care, are available on a fee for service or per diem basis. There is no long-term care benefit included in the contract; the resident pays for long-term care if and when needed.
Assisted living facilities are available in a wide range of prices. Assisted living costs can vary from $1,500 a month to in excess of $10,000 a month depending on the level of care needed, location, and amenities offered. Best to set a list of criteria you'll use to search for quality care facilities.