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Senate Bill 0455


Senate Bill 0455

ARCHIVE (2009)

Latest Information

 

DIGEST OF INTRODUCED BILL


Continuing care agreements. Revises the definition of "continuing care agreement" to mean agreements requiring the payment of an entrance fee of at least $25,000. Adds a definition of "continuing care retirement community". Revises the definition of "provider" in the continuing care law to mean a person that agrees to provide continuing care under a continuing care agreement to at least 25% of the individuals living in a facility owned or operated by the provider. Eliminates payments to the Indiana retirement home guaranty fund after June 30, 2009.
    Current Status:
     In Committee - first House
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