Life care contract means a continuing care contract that includes a promise, expressed or implied, by a provider to provide or pay for routine services at all levels of care, including acute care and the services of physicians and surgeons, to the extent not covered by other public or private insurance benefits, to a resident for the duration of his or her life. Care shall be provided under a life care contract in a continuing care retirement community having a comprehensive continuum of care, including a skilled nursing facility, under the ownership and supervision of the provider on or adjacent to the premises. A change shall not be made in the monthly fee based on level of care. A life care contract shall also include provisions to subsidize residents who become financially unable to pay their monthly care fees.
Life care contract means a single continuing care retirement
Life care contract means a written contract to provide life
Examples of Life care contract in a sentence
Life care contract application 23 or annual report$ 225.00$ 675.0024 8.
Life care contract A form of life insurance policy which assures a place to live and necessary health care for the rest of the member's lives.
The GDP growth declined and there was a huge10 Volatility means the liability to fluctuate over time; it is used to quantify the risk of capital flow over a specified time period.
Yes No 11 On January 1 were you liable for the payment of real estate taxes on this property?YesNoStep 3: Attach proof of ownership12 Check the type of documentation you are attaching as proof that you are the owner of record or have a legal or equitable interest in the property.Deed Contract for deedTrust agreement Life care contract 13 Write the date the writteninstrument was executed.
The following is a description of the three types of contracts offered to residents: Life care contract The life care contract provides for personal care and nursing care at no additional charge.
More Definitions of Life care contract
Life care contract means a written contract to provide life care to a person for the duration of the person's life conditioned upon the transfer of an entrance fee to the provider of the services in addition to or in lieu of the payment of regular periodic charges for the care and services involved. Any life care contract payable to or for the provider in four or more installments shall be subject to the provisions of the "Uniform Consumer Credit Code", articles 1 to 9 of title 5.
Life care contract means a contract to provide to a person for the duration of such person's life or for a term in excess of one (1) year, nursing services, medical services, or health-related services, board and lodging and care as necessary, or in any combination of such services for such person in a facility, which is conditioned upon the transfer of property. Such transfer may include a payment of an entrance fee to the provider of such services or the payment of periodic charges for the care and service involved, or both such payments, and includes continuing care agreements.
Life care contract means a contract to provide to a person for the duration of such person's life or for a term in excess of one year nursing services, medical services or health-related services, as defined in section 36-401, in addition to board and lodging for such person in a facility or services in the person's private residence with the right to future access to services, board and lodging in a facility, conditioned upon the transfer of an entrance fee to the provider of such services in addition to or in lieu of the payment of regular periodic charges for the care and services involved.
Life care contract means a continuing care contract that includes a promise,
Life care contract means a single continuing care retirement contract to provide a person, for the duration of such person's life, the services provided by the continuing care retirement community, which services shall include unlimited services of an on-site or affiliated nursing facility. Such term also shall mean a single continuing care retirement contract to provide a person, for the duration of such person's life, the services provided by the continuing care retirement community under an arrangement in which the costs of the residents' unlimited nursing home or home health care services are paid for in whole or in part by a long term care insurance policy approved by the superintendent in accordance with applicable regulations or by long term care insurance or medical assistance payments in accordance with the partnership for long term care program pursuant to the provisions of section three hundred sixty- seven-f of the social services law, section three thousand two hundred twenty-nine of the insurance law and section four thousand six hundred twenty-three of this chapter.
Life care contract means a contract that provides housing, residential services, and priority access to health-related services in exchange for an entrance fee and a monthly fee. Unlimited access to long-term nursing care is available at little to no additional cost (Life Care Benefit), apart from periodic inflationary increases.