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Session Laws, 2007
Volume 803, Page 487   View pdf image
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Martin O'Malley, Governor Ch.3
provisions of subsection (p) of this section" is deleted as surplusage. In subsection (b)(5) of this section, the reference to establishing "conditions
for" is substituted for the former reference to establishing "requirements
for when" for brevity and clarity. In subsection (b)(8) of this section, the reference to "establish[ing]
procedures to carry out the termination or discharge" is substituted for the
former reference to "provid[ing] how such a termination or discharge would
be carried out" for brevity and clarity. Defined terms: "Continuing care at home" § 10-401
"Department" § 10-101
"Deposit" § 10-401
"Entrance fee" § 10-401
"Provider" § 10-401
"Subscriber" § 10-401 10-455. FEASIBILITY STUDY. (A) REQUIRED. A PROVIDER MAY NOT COLLECT DEPOSITS TO PROVIDE CONTINUING CARE AT
HOME SERVICES UNTIL THE DEPARTMENT APPROVES A FEASIBILITY STUDY. (B) STATEMENT OF INTENT. A PROVIDER THAT INTENDS TO DEVELOP A CONTINUING CARE AT HOME
PROGRAM AND PROVIDE CONTINUING CARE AT HOME SERVICES SHALL FILE A
STATEMENT OF INTENT WITH THE DEPARTMENT AT LEAST 30 DAYS BEFORE
SUBMITTING THE FEASIBILITY STUDY REQUIRED UNDER THIS SECTION. (C) FORM AND CONTENTS.
A FEASIBILITY STUDY SHALL: (1) BE FILED IN A FORM SATISFACTORY TO THE DEPARTMENT; AND (2) INCLUDE AT LEAST THE FOLLOWING INFORMATION: (I) A STATEMENT OF THE PURPOSE OF THE PROGRAM AND THE
NEED FOR THE PROPOSED SERVICES; (II) DOCUMENTATION OF THE FINANCIAL RESOURCES OF THE PROVIDER; (III) A PLAN DEMONSTRATING THE FINANCIAL FEASIBILITY OF THE
PROPOSED PROGRAM, INCLUDING FUTURE FUNDING SOURCES; (IV) AN ACTUARIAL FORECAST THAT HAS BEEN REVIEWED BY A
QUALIFIED ACTUARY; (V) A STUDY DEMONSTRATING THE PROPOSED MARKET FOR THE PROGRAM;
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Session Laws, 2007
Volume 803, Page 487   View pdf image
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