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Current as of January 01, 2025 | Updated by Findlaw Staff
In this chapter:
(2) “Continuing care contract” means a contract entered into on or after January 1, 1985, to provide nursing services, medical services or personal care services, in addition to maintenance services, for the duration of a person's life or for a term in excess of one year, conditioned upon any of the following payments:
(a) An entrance fee in excess of $10,000.
(b) Providing for the transfer of at least $10,000 if the amount is expressed in dollars or 50 percent of the person's estate if the amount is expressed as a percentage of the person's estate to the service provider upon the person's death.
(3) “Entrance fee” means an initial or deferred transfer to a provider of a sum of money or other property, made or promised to be made by a person entering into a continuing care contract, that guarantees a person services under a continuing care contract.
(4) “Facility” means one or more places in which a provider undertakes to provide a person with nursing services, medical services or personal care services, in addition to maintenance services, under a continuing care contract.
(5) “Maintenance services” means food, shelter and laundry services.
(6) “Medical services” means those services pertaining to medical or dental care that are performed on behalf of patients by or at the direction of a physician licensed under ch. 448 or a dentist licensed under ch. 447.
(7) “Nursing services” means those services pertaining to the curative, restorative and preventive aspects of nursing care that are performed by or under the supervision of a nurse licensed under ch. 441, but does not include nursing services provided only on an emergency basis.
(8) “Personal care services” means assistance with meals, dressing, movement, bathing or other personal needs or maintenance, or other direct supervision and oversight of the physical and mental well-being of a person.
(9) “Provider” means a person who provides services under a continuing care contract.
(10) “Refund schedule” means a schedule of the varying amounts of an entrance fee that are refundable during specified periods of time.
(11) “Resident” means a person who resides in a facility.
Cite this article: FindLaw.com - Wisconsin Statutes Insurance (Ch. 600 to 655) § 647.01. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/wi/insurance-ch-600-to-655/wi-st-647-01/
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 before relying on it for your legal needs.
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