Ch.. 325
LAWS OF MARYLAND
issued certain approval; requiring disclosure of certain
information in the continuing care agreement; providing time
limits for refunds to subscribers under certain conditions
certain conditions; clarifying certain terms; making certain
technical changes; and generally relating to the regulation
of continuing care communities.
BY repealing and reenacting, with amendments,
Article 70B - Office on Aging
Section 7, 9, 10, 11, 13, 15, and 22
Annotated Code of Maryland
(1983 Replacement Volume and 1986 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article 70B - Office on Aging
7. .
(a) "Office" means [State] MARYLAND Office on Aging.
(b) (1) "Continuing care" means furnishing shelter and
either medical and nursing services or other health related
benefits to an individual 60 years of age or older not related by
blood or marriage to the provider for the life of the individual
or for a period in excess of one 1 year under a written
agreement that requires a transfer of assets or an entrance fee
notwithstanding periodic charges.
(2) "Health related benefits" means, at a minimum,
priority for nursing home admission or assistance in the
activities of daily living, exclusive of the provision of meals.
(3) Medical and nursing services and other health
related benefits may be covered by the entrance fee, the periodic
charges, or may be purchased, at the option of the subscriber,
for an additional fee.
(c) "Facility" means a physical plant in which continuing
care [or life care] is provided in accordance with this subtitle.
(d) "Provider" means the owner or operator, whether a
natural person, partnership, unincorporated association, however
organized, trust, or corporation, of an institution, building,
residence, or other place, whether operated for profit or not,
which owner or operator undertakes to provide continuing care.
(e) "Subscriber" means a purchaser of, or nominee of, a
continuing care agreement.
- 1882 -
|