New Mexico Administrative Code
Title 9 - HUMAN RIGHTS
Chapter 2 - AGE
Part 24 - THE ADMINISTRATION OF THE CONTINUING CARE ACT
Section 9.2.24.10 - COST OF CARE INCREASES
Universal Citation: 9 NM Admin Code 9.2.24.10
Current through Register Vol. 35, No. 6, March 26, 2024
A. Rate and fee increases based on cost of care increases for providing medical care or health-related supportive services to an individual resident shall be governed by any applicable terms of the continuing care contract. If there are no applicable terms, such rate and fee increases shall be considered general cost of care increases.
B. General cost of care increases shall be treated as an expense item by a continuing care community.
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