93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB4081


 
Introduced 1/15/2004, by Elaine Nekritz
 
SYNOPSIS AS INTRODUCED:
 		














210 ILCS 40/10
  from Ch. 111 1/2, par. 4160-10







    Amends the Life Care Facilities Act.  Provides that each resident of a life care facility is entitled to receive from the provider of services under a life care contract a copy of the provider's proposed annual budget that is used by the provider as a basis for an increase in the monthly fees to be charged the resident.



















LRB093 15254 DRJ 40852 b




















 


 


A BILL FOR









 














HB4081

LRB093 15254 DRJ 40852 b









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    AN ACT concerning health facilities.

 
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    Be it enacted by the People of the State of Illinois,
 
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represented in the General Assembly:


 
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    Section 5. The Life Care Facilities Act is amended  by 
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changing Section 10 as follows:
 



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    (210 ILCS 40/10)  (from Ch. 111 1/2, par. 4160-10)



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    Sec. 10. Copy of proposed budget; audit.

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    (a) Each resident is entitled to receive from the provider 
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a copy of the provider's proposed annual budget that is used by 
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the provider as a basis for any increase in the monthly fees to 
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be charged the resident. The copy of the budget must set forth, 
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by line item, all revenues and expenses for the provider's 
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following fiscal year. The provider must furnish copies of the 
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proposed budget to residents within 30 days after the provider 
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adopts the proposed budget and before the provider implements 
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an increase of any monthly fee.

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    (b) The Director or his authorized designee may conduct an

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audit or other examination of the financial affairs of any 
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provider as often as he
deems it necessary for the protection 
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of the interests of the residents and the people
of this State, 
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and for this purpose shall have access to the books, records,

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financial data and other documents maintained by the facility.

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(Source: P.A. 82-547.)