What is Riddle Village’s relationship with Riddle Memorial Hospital?
Riddle Village and Riddle Memorial Hospital are separate entities however there is a ground lease arrangement between Riddle Village and Riddle Healthcare Foundation, as they own the land that Riddle Village sits on. The relationship between the organizations has always been a positive one and we believe it is very beneficial to our residents to have Riddle Memorial Hospital, now part of the Main Line Health System, right next door.
Can I afford to live at Riddle Village?
Many individuals have questioned whether they can afford to live in such a beautiful community with all of the amenities that are offered here. Most are surprised by how affordable this life care option truly is. The funds used to secure ones future here at the Village may be the best money ever spent. Riddle Village is proud to be one of the most affordable retirement communities in the area despite having the largest apartments, indoor parking, superior amenities and exceptional healthcare services. A marketing representative is always available to review your finances in a confidential and relaxed manner.
Is any part of my Entrance Fee and monthly fee tax deductible?
Yes, a portion of your non-refundable entrance fee is deductible in the first year of your residency here. In addition, each year a portion of your monthly fee is tax deductible on your federal tax return as pre-paid medical expenses. A marketing representative will review these deductions with you when you visit Riddle Village.
When was Riddle Village Established?
Riddle Village opened its doors for our first Residents on October 15, 1993.
What kind of meal plan does Riddle Village offer?
Currently Riddle Village offers a one meal a day plan. Each resident is entitled to one meal per day in one of our dining rooms, either lunch or dinner. Of course, there is always the option to purchase additional meals if you choose.
What services do you offer to those who are not Riddle Village LifeCare Residents?
Our Personal Care Unit and Skilled Nursing/Rehab Units are open to community members who are in need of care. Please call for more information and to check on availability.
What happens to my Entrance Fee at Riddle Village?
Riddle Village offers three different Entrance Fee Plans. Plan A is a declining balance plan and is our most popular plan, Plan B offers a minimum 50% refund, and Plan C offers a minimum 90% refund.
Can I bring my pet to Riddle Village?
YES! Your pet is welcome to move to Riddle Village with you.
What happens if I outlive my assets?
Part of the admission process at Riddle Village includes a financial review to help ensure that you have the necessary funds to live in a life care community such as ours. Once that review process is concluded and you have been financially accepted, Riddle Village takes on the responsibility of providing you with the lifestyle and care that you expect regardless of whether or not you outlive your assets provided this was through not fault of your own. In addition to the financial assistance Riddle Village will provide, the residents of Riddle Village did develop an Endowment Fund to assist those residents that may find themselves faced with a financial hardship.