(a) Sections 33.202, 33.203, 33.205, and 33.206 of
this title apply to continuing care in residence.
(b) A person must also hold a certificate of authority
to provide continuing care at a facility before the person is eligible
to receive authority to provide continuing care in residence. A provider
must have authority to provide continuing care in residence before
accepting any consideration or entering into any contracts for continuing
care in residence.
(c) To apply for authority to provide continuing care
in residence, an applicant must submit a CCRC Form 1a (FIN 604), including
the following:
(1) the provider's CCRC certificate of authority license
number;
(2) format for disclosure statement for continuing
care in residence (CCRC Form 6b (FIN605));
(3) a business plan which includes:
(A) a three-year financial projection with associated
assumptions;
(B) the geographic region proposed for continuing care
in residence services;
(C) evidence of the actuarial review for entrance fee
(and related amortization schedule) and service fee amounts;
(D) information regarding resident qualification;
(E) information regarding marketing and advertising
activities; and
(F) information regarding refund procedures applicable
before a resident receives continuing care in residence services;
and
(4) a certified copy of assumed name certificate, if
applicable.
(d) Information and filings under this subchapter must
be submitted, as applicable, on paper or in an electronic format that
is acceptable to the department. The department's submission locations,
formats, and contact information are subject to change; persons submitting
forms or information must confirm that they are using the most recent
version before submitting to the department. CCRC forms are available
on the department's website.
(e) The time period specified in Health and Safety
Code §246.022 begins when the department has received all required
material and information and deems the application complete.
(f) Incomplete applications will expire without refund
one year from the date of receipt of the applicant's initial CCRC
Form 1a (FIN604) Application for Authority to Offer Continuing Care
in Residence Services in the State of Texas under Health and Safety
Code §246.0025(b).
|