The Florida Legislature recently passed a bill, CS/HB 749, which implements certain changes in the operations of Continuing Care Communities (“CCCs”) in Florida, effective October 1, 2015. Some of these changes include:
· CCCs must be accredited by the Office of Insurance Regulation (“OIR”) without stipulations or conditions before OIR can waive statutory requirements.
· Each CCC must establish a residents’ council created for the purpose of representing residents on matters set forth in the statutes. Previously, the establishment of a residents’ council was optional.
· Certain financial disclosures must be made to the president or chair of the residents’ counsel.
· Several technical provisions are now required for resident contracts that are entered into on or after January 1, 2016.
These are just a few of the changes that are required for CCCs under the new laws. The full text of the bill is available here. For more information on how to make sure your CCC is ready for these new changes, please give us a call or email.
On June 13th, 2014 Senate Bill 670 was signed by Governor Rick Scott. The new law will change and amend several aspects of the existing law pertaining to skilled nursing facilities. The changes are of particular importance to passive investors and those indirectly involved with skilled nursing homes. From now on:
Passive investors are not liable for damages under this law; Only the licensee, licensee’s management or consulting companies, and direct caregivers are subject to suit without an extra hearing; and Punitive damages are harder to obtain and require an extra hearing.
This law should make Florida a safer place for passive investors and companies that are indirectly involved with skilled nursing home facilities. The law in its entirety can be found here: http://laws.flrules.org/2014/83.