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Who cares
Headline styles
Sponsors
2 Co-sponsors
History
- Substituted by A7368A
- Advanced to third reading
- 2nd report cal.
- 1st report cal.972
- Print number 4738a
- Amend and recommit to health
- Referred to health
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to continuing care retirement communities
Signed by Governor · Sponsor Jeffrey Dinowitz
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S4738A
Title of bill
An act to amend the public health law, in relation to continuing care retirement communities
Purpose or general idea of bill
To allow life care CCRCs to enter into fee-for-service contracts under Article 46-A of the Public Health Law.
Summary of specific provisions
Section one of the bill amends subdivision 2-b and adds a new subdivision 8-a of section 4601 of the Public Health Law of to allow continuing care retirement communities to offer either a life care contract or a fee-for-service contract on a per diem or agreed upon rate.
Justification
Effective January 1, 2005 providers could apply to develop a fee-for-service CCRC that would provide the same services as a life care or modified CCRC, but charge for them on a fee-for-service basis as needed by individual residents. Because they are not being regulated by the Department of Insurance (DOI), reserve requirements for FFS CCRCs will be much lower than the requirements under DOI Regulation 140 for life care and modified CCRCs. The higher reserve requirements for life care and modified CCRCs will require much higher entrance and monthly fees, putting them at a distinct marketing disadvantage in relation to FFS CCRCs. Allowing life care CCRCs to enter into fee-for-service contracts will give them flexibility to respond to the needs of the seniors applying to reside in their community.
Additionally, seniors with long term care insurance would probably not utilize the life care contract, but could take advantage of the features of the CCRC through the fee-for-service contract. A fee-for-service option would allow seniors more flexibility within a CCRC setting.
Fiscal implications
None.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.