North Carolina Administrative Code
Title 11 - INSURANCE
Chapter 11 - FINANCIAL EVALUATION DIVISION
Subchapter H - CONTINUING CARE FACILITIES
Section 11H .0101 - DEFINITIONS
Universal Citation: 11 NC Admin Code 11H .0101
Current through Register Vol. 39, No. 12, December 1, 2024
(a) As used in this Section, unless the context clearly indicates otherwise:
(1) "Break-even" means confirmation of
sufficient executed resident's agreements to assure the facility's financial
stability and which further indicate that projected revenues will at least be
equal to projected expenses.
(2)
"Health related services" also means domiciliary (rest home) care or Homes for
the Aged, skilled or intermediate nursing, nursing home or rest home admission,
or priority admission into a facility, unit, or bed providing any of the
above-named services.
(3) "Lodging"
means independent living without the need or use of health related
services.
(b) The definitions contained in G.S. 58-64-1 are incorporated into this Section by reference.
Authority
G.S.
58-2-40;
58-64-1;
58-64-65;
Eff. June 1,
1993;
Pursuant to
G.S.
150B-21.3A, rule is necessary without
substantive public interest Eff. December 20,
2015.
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