FL H1037

Defines "continuing care at-home" as a new service type allowing residents to live outside a facility while maintaining contractual rights to future access to shelter and nursing/personal services upon payment of an entrance fee.

Requires providers offering continuing care at-home contracts to obtain a certificate of authority from the Office of Insurance Regulation and submit actuarial studies, business plans, and market feasibility studies demonstrating sound financial impact.

Establishes minimum reservation and escrow requirements for continuing care at-home contracts (50 percent of moneys in escrow for expansions) and limits combined outstanding continuing care and continuing care at-home contracts based on facility unit types.

Requires providers to disclose in at-home contracts details about transportation, provider liability limitations, resident monitoring mechanisms, priority processes for facility moves, and relocation policies.

Applies existing continuing care contract protections and regulatory standards to the new continuing care at-home model, including rescission rights, refund provisions, financial reporting requirements, and resident disclosure obligations.