Oklahoma Administrative Code
Title 310 - Oklahoma State Department of Health
Chapter 663 - Continuum of Care and Assisted Living
Subchapter 17 - Surety Bonds or Deposits
Section 310:663-17-3 - Consideration of arrangements
Universal Citation: OK Admin Code 310:663-17-3
Current through Vol. 42, No. 1, September 16, 2024
The financial requirements in OAC 310:663-17-4 through OAC 310:663-17-9 shall apply to a continuum of care facility or assisted living center that provides an unlimited term of services for a fixed prepaid fee, unless it demonstrates that a requirement does not apply. To decide if a requirement applies, the Department shall consider the continuum of care facility or assisted living center's organizational structure, financial arrangements, fiduciary responsibilities, accounting controls and risk sharing arrangements.
Added at 15 Ok Reg 2605, eff 6-25-98
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