(a) “Continuing care contract” means an agreement pursuant to which a provider undertakes
to furnish to a person, not related by consanguinity or affinity to the provider,
shelter and medical or nursing services or other health-related benefits which require
a present or deferred transfer of assets or an entrance fee in the amount of $5,000
or equivalent value or such greater amount as set by the commissioner in rules and
regulations in addition to or in lieu of periodic charges. Continuing care contract shall also mean an agreement of any other provider who voluntarily
applies for a certificate pursuant to K.S.A. 40-2235.
(b) “Entrance fee” means the total of any initial or deferred transfer to, or for
the benefit of, a provider of a sum of money or other property made or promised to
be made as full or partial consideration for acceptance of a person as a resident
pursuant to a continuing care contract.
(c) “Home” means the facility or facilities occupied, or planned to be occupied, by
five or more residents where the provider undertakes pursuant to the continuing care
contract to provide continuing care to such residents.
(d) “Provider” or “continuing care provider” means the person, corporation, partnership,
association or other legal entity which agrees to provide continuing care to residents
in a home.
(e) “Resident” means an individual or individuals who have entered into an agreement
with a provider for continuing care in a home.
(f) “Commissioner” means commissioner of insurance of the state of Kansas.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Response sent, thank you
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.