The unique financial programs of Carolina Meadows offer financial security in an uncertain world.

The Equity Advantage^®
   The Equity Advantage is a unique program offered only to residents of Carolina Meadows. The program provides that if a resident ever leaves Carolina Meadows, regardless of the reason or length of residency, Carolina Meadows will return the resident’s equity in his or her home and, if the resale value of the resident’s Carolina Meadows home appreciates to cover the sales costs, the resident is entitled to one half of the net appreciation. Carolina Meadows’ conservative fiscal management and careful long-range financial planning make the unique protection of the Equity Advantage program possible. The Community holds the title to all property and facilities. With low debt and a pay-as-you-go fee structure, Carolina Meadows is able to assess lower monthly service charges than many other retirement communities.

Reserve Funds
   Carolina Meadows maintains several large reserve funds, which provide another layer of financial protection to its residents. The Resident Assistance fund is set aside to provide the financial backing for Carolina Meadows’ contractual commitment that no resident will be required to leave Carolina Meadows because their financial resources have been depleted through circumstances beyond their control. The fund is mandated by the Board of Directors and actuarially tested to assure its adequacy. Carolina Meadows also maintains an operating reserve equal to 25% of its annual budget. This fund, currently in excess of $3 million, ensures compliance with state regulations as well as on-going solvency. The Board has also set an ongoing capital repair and replacement reserve to assure that Carolina Meadows’ campus and amenities receive periodic renewal and refurbishment.

Long-term Care Insurance
   Carolina Meadows requires that residents apply for long-term care insurance prior to occupancy. Once approved, the policy must be maintained for the duration of the residency. Carolina Meadows offers plans through a variety of insurance companies. Monthly premiums are based on the plan selected and the resident’s age. If for some reason an applicant is turned down for long-term care insurance, they may still come to Carolina Meadows, but their health care will be totally paid on an out-of-pocket basis.