Regulation requires RCFEs to disclose certain items of importance in order to assure that consumers are well-informed when making decisions about care needs.
Fees & Pricing
Current law requires admission agreements to disclose pricing structures and reasons rates may go up. Communities must also provide an annual written disclosure of their prior rate increase history for the past three years, on or before January 31. In addition, current law also requires disclosure of the reasons for a rate increase, along with the amount of the increase, at least 60 days in advance. These laws help ensure that consumers understand the cost of care and have adequate notice of changes.