Okla. Admin. Code § 310:663-17-3

Current through Vol. 42, No. 7, December 16, 2024
Section 310:663-17-3 - Consideration of arrangements

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.

Okla. Admin. Code § 310:663-17-3

Added at 15 Ok Reg 2605, eff 6-25-98