S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                        5224--B
                              2011-2012 Regular Sessions
                                   I N  S E N A T E
                                      May 3, 2011
                                      ___________
       Introduced  by Sens. RANZENHOFER, DeFRANCISCO, LAVALLE, LIBOUS, STEWART-
         COUSINS, ZELDIN -- read twice and ordered printed, and when printed to
         be committed to the Committee on Health -- recommitted to the  Commit-
         tee  on  Health  in accordance with Senate Rule 6, sec. 8 -- committee
         discharged, bill amended, ordered reprinted as amended and recommitted
         to said committee  --  committee  discharged,  bill  amended,  ordered
         reprinted as amended and recommitted to said committee
       AN ACT to amend the public health law, in relation to ability of contin-
         uing  care  retirement communities to offer seniors additional service
         options
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Subdivisions 2-a, 2-b, 3, 8, 9, 10 and 10-a of section 4601
    2  of the public health law, subdivision 2-a as added and subdivisions 3, 8
    3  and  9 as amended by chapter 659 of the laws of 1997, subdivision 2-b as
    4  amended by chapter 523 of the laws of 2011, subdivision 10 as  added  by
    5  chapter  689 of the laws of 1989, and subdivision 10-a as added by chap-
    6  ter 401 of the laws of 2003, are amended and three new subdivisions 7-a,
    7  7-b and 7-c are added to read as follows:
    8    2-a.  "Continuing  care  retirement  contract"  shall  mean  a  single
    9  contract  to provide a person the services provided by a continuing care
   10  retirement community INCLUDING LIFE CARE OR LIFE CARE AT HOME.
   11    2-b. "Continuing care retirement community" or "community" shall  mean
   12  a  facility  or facilities established to provide a comprehensive, cohe-
   13  sive living arrangement for the elderly, oriented to the enhancement  of
   14  the  quality  of life and which, pursuant to the terms of the continuing
   15  care RETIREMENT contract OFFERED BY THE COMMUNITY, at a minimum:
   16    a. provides, OR SUPPORTS THROUGH LIFE CARE AT HOME, independent living
   17  units, and [provides a] meal plan OPTIONS.  The independent living  unit
   18  can be made available either through a non-equity arrangement or through
   19  an  equity  arrangement  including,  but not limited to a cooperative or
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD11311-04-2
S. 5224--B 2 1 condominium. For purposes of this article, the purchase price of an 2 independent living unit in an equity arrangement, regardless of the form 3 of the purchase agreement, shall not be considered an entry fee for 4 purposes of calculating reserve liabilities, but shall be considered an 5 entry fee for escrow purposes; 6 b. provides a range of health care and social services, subject to 7 such terms as may be included within the contract, which shall include 8 adult care facility services of an on-site or affiliated adult care 9 facility, and at a minimum, sixty days of prepaid services of an on-site 10 or affiliated nursing facility for residents not receiving services 11 under a fee-for-service contract; 12 c. provides access to health services as defined in the contract, 13 prescription drugs, and rehabilitation services; 14 d. nothing in this article shall eliminate the obligation of a contin- 15 uing care retirement community to provide at least sixty days of prepaid 16 nursing facility services to all residents, with the exception of resi- 17 dents receiving services under the terms of a fee-for-service continuing 18 care contract as defined in this section. The prepaid days must include 19 the first sixty days of nursing facility services, whether or not 20 consecutive, not covered by Title XVIII of the federal social security 21 act; and 22 e. communities established under this article and offering fee-for- 23 service continuing care contracts must offer, along with such fee-for- 24 service continuing care contracts, life care and/or continuing care 25 contracts as defined in subdivision eight-a of this section. 26 3. "Contracts" or "agreements" shall mean LIFE CARE AT HOME OR contin- 27 uing care retirement contracts as defined in this article. 28 7-A. "LIFE CARE AT HOME" SHALL MEAN AN ESTABLISHED SEPARATE 501 (C) 3 29 CORPORATION AFFILIATED WITH THE EXISTING CCRC CAMPUS PROVIDER THROUGH 30 WHICH CONTRACT HOLDERS PAY AN ENTRANCE FEE AND A MONTHLY FEE, BOTH OF 31 WHICH WOULD CORRESPOND TO THE LEVEL OF SERVICE CHOSEN BY THE CONTRACT 32 HOLDER. A LIFE CARE AT HOME CONTRACT INCLUDES SERVICES COORDINATED BY A 33 CASE MANAGER BASED UPON INDIVIDUALS' NEEDS. SERVICES OFFERED INCLUDE, 34 BUT ARE NOT LIMITED TO, PERSONAL HEALTH COORDINATION, EMERGENCY RESPONSE 35 SYSTEM, HEALTH AND WELLNESS PROGRAMS, HOME NURSE VISITS, COMPANION 36 SERVICES, HOME INSPECTIONS, TRANSPORTATION, MEALS, ON-CAMPUS ACTIVITIES 37 AND CULTURAL EVENTS. LIFE CARE AT HOME SERVICES SHALL INCLUDE, BASED 38 UPON INDIVIDUAL CONTRACTS, SERVICES OF AN ON-SITE OR AFFILIATED NURSING 39 FACILITY AND AN ON-SITE OR AFFILIATED ADULT CARE FACILITY. 40 7-B. "LIFE CARE AT HOME CONTRACT" SHALL MEAN A SINGLE CONTRACT TO 41 PROVIDE A PERSON, FOR THE DURATION OF SUCH PERSON'S LIFE, SUCH SERVICES 42 SELECTED BY THE INDIVIDUAL WHICH MAY INCLUDE SERVICES PROVIDED TO THE 43 INDIVIDUAL IN HIS OR HER RESIDENCE. 44 7-C. A. "LIFE CARE AT HOME" CORPORATIONS PROVIDING HOSPITAL CARE AS 45 DEFINED IN SECTION TWENTY-EIGHT HUNDRED ONE OF THIS CHAPTER MUST BE 46 LICENSED UNDER ARTICLE TWENTY-EIGHT AND SHALL BE SUBJECT TO THE 47 PROVISIONS AND STANDARDS OF SUCH ARTICLE. 48 B. "LIFE CARE AT HOME" CORPORATIONS PROVIDING HOME CARE SERVICES AS 49 DEFINED IN SECTION THIRTY-SIX HUNDRED TWO OF THIS CHAPTER MUST BE 50 LICENSED UNDER ARTICLE THIRTY-SIX AND SHALL BE SUBJECT TO THE PROVISIONS 51 AND STANDARDS OF SUCH ARTICLE. 52 8. "Life care contract" shall mean a single continuing care retirement 53 contract to provide a person, for the duration of such person's life, 54 the services provided by the continuing care retirement community, which 55 services shall include unlimited services of an on-site or affiliated 56 nursing facility AND UNLIMITED SERVICES OF AN ON-SITE OR AFFILIATED
S. 5224--B 3 1 ADULT CARE FACILITY. Such term also shall mean a single continuing care 2 retirement contract to provide a person, for the duration of such 3 person's life, the services provided by the continuing care retirement 4 community under an arrangement in which the costs of the residents' 5 unlimited nursing home or home health care services are paid for in 6 whole or in part by a long term care insurance policy approved by the 7 superintendent in accordance with applicable regulations or by long term 8 care insurance or medical assistance payments in accordance with the 9 partnership for long term care program pursuant to the provisions of 10 section three hundred sixty-seven-f of the social services law, section 11 three thousand two hundred twenty-nine of the insurance law and section 12 four thousand six hundred twenty-three of this chapter. 13 9. "Life care" shall mean those services provided pursuant to a ["life 14 care contract"] "CONTINUING CARE RETIREMENT CONTRACT". 15 10. "Living unit" shall mean an apartment, room, cottage, or other 16 area within a community set aside for the exclusive use of one or more 17 residents, OR THE CONTRACT HOLDER'S PRIVATE RESIDENCE. 18 10-a. "Meal plan" shall mean an arrangement whereby the person enter- 19 ing into the continuing care retirement contract is provided with [no 20 fewer than five meals per month. Additional meals shall be available on 21 a fee-for-service basis] OPTIONS REGARDING THE INCLUSION OF MEALS WITHIN 22 THE CONTRACT. 23 S 2. The opening paragraph of subdivision 2 of section 4602 of the 24 public health law, as amended by chapter 659 of the laws of 1997, is 25 amended to read as follows: 26 The council shall meet as often as may be deemed necessary to fulfill 27 its responsibilities[, but in no event less than four times per year]. 28 The council shall have the following powers and duties: 29 S 3. Subdivision 1 of section 4603-a of the public health law, as 30 added by chapter 393 of the laws of 1991, is amended to read as follows: 31 1. The commissioner, upon approval of the [life care] CONTINUING CARE 32 RETIREMENT community council and the public health council shall issue a 33 certificate of incorporation of up to three residential health care 34 demonstration facilities. Notwithstanding any provision of article twen- 35 ty-eight of this chapter or any other provisions of law to the contrary, 36 the public health council may approve without regard to the requirement 37 of public need as set forth in subdivision three of section twenty-eight 38 hundred one-a of this chapter, a certificate of incorporation or appli- 39 cation for establishment of such facilities. 40 S 4. Paragraphs d and e and clause (C) of subparagraph (iv) of para- 41 graph j of subdivision 2 of section 4604 of the public health law, para- 42 graph d as added by chapter 689 of the laws of 1989 and paragraph e and 43 clause (C) of subparagraph (iv) of paragraph j as amended by chapter 659 44 of the laws of 1997, are amended to read as follows: 45 d. a copy of the proposed forms of CONTINUING CARE RETIREMENT 46 contracts to be entered into with residents of the community; 47 e. complete details of any agreements with a licensed insurer, includ- 48 ing copies of proposed contracts, requiring the insurer to assume, whol- 49 ly or in part, the cost of medical or health related services to be 50 provided to a resident pursuant to a continuing care retirement 51 [contract] CONTRACTUAL AGREEMENT; 52 (C) is or was subject to a currently effective injunctive or restric- 53 tive order or federal or state administrative order relating to business 54 activity or health care as a result of an action brought by a public 55 agency or department, including, without limitation, actions affecting a 56 license to operate a hospital as defined by section twenty-eight hundred
S. 5224--B 4 1 one of this chapter, or a facility required to be licensed or certified 2 by the department of [social services] HEALTH. The statement shall set 3 forth the court or agency, date of conviction or judgment, the penalty 4 imposed or damages assessed, or the date, nature and issuer of the 5 order; 6 S 5. Paragraph b of subdivision 4 and subdivisions 5 and 8 of section 7 4604 of the public health law, paragraph b of subdivision 4 as amended 8 by chapter 659 of the laws of 1997, subdivision 5 as amended by chapter 9 700 of the laws of 2006 and subdivision 8 as added by chapter 689 of the 10 laws of 1989, are amended to read as follows: 11 b. the commissioner [of social services] as to those aspects of the 12 application relating to adult care facility beds, if any; 13 5. Up to two thousand residential health care facility beds, as 14 authorized herein, that may be approved as components of continuing care 15 retirement communities shall not be considered by the department and the 16 health systems agencies in the determination of public need for residen- 17 tial health care facility services; provided, however, that if the 18 community seeking to construct such beds does not provide A life care OR 19 LIFE CARE AT HOME CONTRACT to all residents, it must adequately make the 20 assurances required by subdivision two of section forty-six hundred 21 twenty-four of this article. 22 8. The operator shall designate and make knowledgeable personnel 23 available to prospective residents to answer questions about any infor- 24 mation contained in the disclosure statement or contract. The disclosure 25 statement and the CONTINUING CARE RETIREMENT contract shall each state 26 on the cover or top of the first page in bold twelve point print the 27 following "This matter involves a substantial financial investment and a 28 legally binding contract. In evaluating the disclosure statement and the 29 contract prior to any commitment, it is recommended that you consult 30 with an attorney and financial advisor of your choice, if you so elect, 31 who can review these documents with you." 32 S 6. Paragraph g of subdivision 2 of section 4604-a of the public 33 health law, as added by chapter 659 of the laws of 1997, is amended to 34 read as follows: 35 g. Unless all residents have EITHER life care OR LIFE CARE AT HOME 36 contracts, the operator has adequately made the assurances required by 37 subdivision two of section forty-six hundred twenty-four of this article 38 and has agreed to fund the liability in the event that resident assets 39 are insufficient to pay for nursing facility services for a one year 40 period. 41 S 7. Paragraph d of subdivision 1 of section 4605 of the public health 42 law, as amended by chapter 659 of the laws of 1997, is amended to read 43 as follows: 44 d. to offer and execute CONTINUING CARE RETIREMENT contracts, includ- 45 ing the collection of entrance fees and deposits pursuant to section 46 forty-six hundred eight of this article. 47 S 8. The opening paragraph, paragraph d of subdivision 11 and subdivi- 48 sion 13 of section 4606 of the public health law, the opening paragraph 49 as amended by chapter 120 of the laws of 1993, paragraph d of subdivi- 50 sion 11 as added by chapter 689 of the laws of 1989 and subdivision 13 51 as added by chapter 659 of the laws of 1997, are amended to read as 52 follows: 53 Prior to the execution of a CONTINUING CARE RETIREMENT contract, or 54 before the transfer of any money, other than a refundable priority 55 reservation fee or non-refundable priority reservation agreement appli- 56 cation fee, to an operator by or on behalf of a prospective resident,
S. 5224--B 5 1 whichever occurs first, the operator shall deliver to the person with 2 whom the contract is to be entered into or the person's legal represen- 3 tative the most recent annual statement as required by section forty-six 4 hundred seven of this article, and an initial disclosure statement which 5 contains the following: 6 d. an estimate of any funds which are anticipated to be necessary to 7 fund start-up losses and to assure full performance of the obligations 8 of the operator pursuant to [life care] CONTINUING CARE contracts 9 including, but not limited to, any reserves required pursuant to section 10 forty-six hundred eleven of this article; 11 13. The initial disclosure statement and marketing materials of a 12 continuing care retirement community must clearly include a description 13 of the services offered as part of its contract, including, but not 14 limited to, any limitations on nursing facility services. The initial 15 disclosure statement and marketing materials of a continuing care 16 retirement community which offers various types of contracts, which may 17 include life care, MODIFIED AND LIFE CARE AT HOME contracts, must clear- 18 ly differentiate among the various types of contracts which it may 19 offer. 20 S 9. Paragraphs e, f and g of subdivision 14 of section 4606 of the 21 public health law are relettered paragraphs f, g and h and a new para- 22 graph e is added to read as follows: 23 E. THE TYPES OF MEAL PLANS AVAILABLE; 24 S 10. Section 4608 of the public health law, as added by chapter 689 25 of the laws of 1989, the section heading, the opening paragraph and 26 subdivision 6 as amended and subdivision 17 as added by chapter 659 of 27 the laws of 1997, subdivision 2 as amended by chapter 120 of the laws of 28 1993, subdivision 8 as amended by chapter 66 of the laws of 1994 and 29 subdivision 15 as further amended by section 104 of part A of chapter 62 30 of the laws of 2011, is amended to read as follows: 31 S 4608. Continuing care retirement contract. A LIFE CARE, MODIFIED OR 32 LIFE CARE AT HOME continuing care retirement contract shall contain all 33 of the following information in no less than twelve point type and in 34 plain language, in addition to any other terms or matter as may be 35 required by regulations adopted by the council and issued by the super- 36 intendent, EXCEPT WHEN SPECIFICALLY NOTED: 37 1. The amount of all money transferred, including, but not limited to, 38 donations, subscriptions, deposits, fees, and any other amounts paid or 39 payable by, or on behalf of, the resident or residents; 40 2. A description of all services which are to be furnished by the 41 operator, a description of any fees in addition to the entrance fee and 42 periodic charges provided for in the contract, and the conditions under 43 which the fees may be adjusted, provided that an operator shall not 44 charge any non-refundable application fee to a prospective resident who 45 has paid a non-refundable priority reservation agreement application 46 fee; 47 3. The procedures of the community relating to a resident's failure to 48 pay the required monthly fees; 49 4. A statement of the figures and terms concerning the entry of a 50 spouse to the community and the consequences if the spouse does not meet 51 the requirements for entry; 52 5. A statement of the terms and conditions under which a contract may 53 be cancelled by the operator or by a resident and the conditions under 54 which all or any portion of the entrance fee will be refunded by the 55 operator, including the mandatory refund provisions set forth in
S. 5224--B 6 1 sections forty-six hundred nine and forty-six hundred ten of this arti- 2 cle; 3 6. a. [The] FOR LIFE CARE AND MODIFIED CONTRACTS ONLY THE procedures 4 and conditions under which a resident may be transferred from his or her 5 living unit including a statement that, at the time of transfer, the 6 resident will be given the reasons for the transfer; the process by 7 which a transfer decision is made; the persons with the authority to 8 make the decision to transfer; a description of any change in charges to 9 be paid by the resident for services not covered by the contract fees as 10 a result of the transfer; and a statement regarding the disposition of 11 and the right to return to the living unit in cases of temporary and 12 permanent transfers. 13 b. [The] FOR LIFE CARE AND MODIFIED CONTRACTS ONLY THE circumstances 14 under which a living unit may be considered vacant and eligible for 15 transfer or resale to a new resident, either due to the permanent trans- 16 fer of a resident to the community's nursing or other specialized facil- 17 ity or due to the permanent transfer of a resident to a hospital or 18 other facility outside of the community; provided, however, that nothing 19 therein shall relieve a community from its obligations to provide or to 20 insure provision of all contractually required care pursuant to the 21 terms of a continuing care retirement contract. Should a resident's 22 chronic condition require placement in a more specialized chronic care 23 facility that provides services beyond those provided through the commu- 24 nity's nursing facility, the liability of THE community pursuant to the 25 terms of a continuing care retirement contract shall be equal to the 26 current per diem rate of the nursing facility minus the pro rata appor- 27 tionment of the resident's monthly fee for the period of care required 28 by the contract. Nothing herein shall obligate a continuing care 29 retirement community which does not have a life care contract with a 30 resident to provide or pay for a level of nursing facility services nor 31 for any duration beyond what is specifically described in its continuing 32 care retirement contract with that resident. This section shall not 33 affect the operator's obligation under subdivision two of section 34 forty-six hundred twenty-four of this article; 35 7. [A] FOR LIFE CARE AND MODIFIED CONTRACTS ONLY A statement that, if 36 the resident dies prior to occupancy date or, through illness, injury, 37 or incapacity is precluded from becoming a resident under the terms of 38 the contract, the contract is automatically rescinded and the resident 39 or his or her legal representative shall receive a full refund of all 40 moneys paid to the facility, except for those costs specifically 41 incurred by the facility at the request of the resident and set forth in 42 writing in a separate addendum, signed by the parties to the contract; 43 8. FOR LIFE CARE AT HOME CONTRACTS THE CIRCUMSTANCES UNDER WHICH THE 44 CONTRACT HOLDER MAY MOVE INTO A CAMPUS INDEPENDENT LIVING UNIT; 45 9. A statement of the conditions under which all or any portion of the 46 entrance fee will be released to the operator before the living unit 47 becomes available for occupancy, and a statement of the conditions under 48 which all or any portion of that fee will be refunded in the event of 49 the death of the resident and/or spouse following occupancy of a living 50 unit, including the mandatory refund provisions set forth in section 51 forty-six hundred nine of this article; 52 [9.] 10. A statement of the advance notice to be provided the resi- 53 dent, of not less than sixty days, of any change in fees or charges or 54 scope of care or services; 55 [10.] 11. A statement that no act, agreement, or statement of any 56 resident, or of an individual purchasing care for a resident under any
S. 5224--B 7 1 agreement to furnish care to the resident, shall constitute a valid 2 waiver of any provision of this article or of any regulation enacted 3 pursuant thereto intended for the benefit or protection of the resident 4 or the individual purchasing care for the resident; 5 [11. A] 12. FOR LIFE CARE AND MODIFIED CONTRACTS A description of the 6 reinstatement policies if a resident leaves the facility or the contract 7 is cancelled; 8 [12.] 13. FOR LIFE CARE AT HOME CONTRACTS A DESCRIPTION OF POLICIES IF 9 THE CONTRACT IS CANCELLED. 10 14. A statement that internal procedures to resolve disputes and 11 grievances have been established, and residents notified of them; 12 [13.] 15. A statement of the grace period, if any, for the payment of 13 periodic fees without a penalty, and the extent of any penalty for the 14 late payment thereof; 15 [14.] 16. A statement that: a. the resident shall, if eligible, enroll 16 in medicare parts a and b or the equivalent and shall continue to main- 17 tain that coverage, together with medicare supplement coverage at least 18 equivalent in benefits to those established by the superintendent as 19 minimum benefits for medicare supplement policies; 20 b. if the resident fails to maintain medicare coverage and a medicare 21 supplement coverage, or is ineligible for such coverage and fails to 22 purchase the equivalent of such coverage, the community shall purchase 23 the coverage or equivalent coverage on behalf and at the expense of the 24 resident and shall have the authority to require an appropriate adjust- 25 ment in payments by the resident to the community; 26 c. if the community cannot purchase medicare coverage and medicare 27 supplement coverage or the equivalent, the community shall have the 28 authority to require an adjustment in monthly fees, subject to the 29 approval of the superintendent, to fund the additional risk to the 30 facility; and 31 d. if the resident fails to purchase or maintain medicare coverage and 32 medicare supplement coverage or the equivalent, and the community has 33 not purchased such coverage, the community will be responsible for any 34 expenses which would have been covered by medicare and medicare supple- 35 ment coverage. The community may add the amount of such expenses to the 36 resident's monthly fees. 37 [15.] 17. A statement that any amendment to the contract and any 38 change in fees or charges, other than those within the guidelines of an 39 approved rating system, must be approved by the superintendent of finan- 40 cial services; and 41 [16.] 18. A statement that property shall not be substituted as 42 payment for either the entrance fee or monthly fee. 43 [17.] 19. A statement whether the continuing care retirement contract 44 includes any ownership, beneficial or trust interest in the assets of 45 the operator, the assets of the facility, or both. Assets shall include, 46 but are not limited to, property, trusts, reserves, interest and other 47 assets. 48 S 11. Subdivision 1 of section 4612 of the public health law, as added 49 by chapter 689 of the laws of 1989, is amended to read as follows: 50 1. Residents [living] in a community authorized by this article shall 51 have the right of self-organization, the right to be represented by one 52 or more individuals of their own choosing, and the right to engage in 53 concerted activities for the purpose of keeping informed of the opera- 54 tion of the community in which they live. 55 S 12. Subdivisions 1 and 2 of section 4614 of the public health law, 56 as amended by chapter 659 of the laws of 1997 and subdivision 2 as
S. 5224--B 8 1 further amended by section 104 of part A of chapter 62 of the laws of 2 2011, are amended to read as follows: 3 1. The commissioner, or designee; AND the superintendent, or designee; 4 [and, with regard to communities for which the department of social 5 services has regulatory responsibility, the commissioner of social 6 services, or designee,] may at any time, and shall at least once every 7 three years, visit each community and examine the business of any appli- 8 cant for a certificate of authority and any operator engaged in the 9 execution of continuing care retirement contracts or engaged in the 10 performance of obligations under such contracts. Routine examinations 11 may be conducted by having documents designated by and submitted to such 12 commissioners or superintendent, which shall include financial documents 13 and records conforming to commonly accepted accounting principles and 14 practices. The final written report of each such examination conducted 15 by such commissioners or superintendent shall be filed with the commis- 16 sioner and, when so filed, shall constitute a public record. A copy of 17 each report shall be provided to members of the continuing care retire- 18 ment community council. Any operator being examined shall, upon request, 19 give reasonable and timely access to all of its records. The represen- 20 tative or examiner designated by the commissioners or superintendent, 21 respectively, may, at any time, examine the records and affairs and 22 inspect the community's facilities, whether in connection with a formal 23 examination or not. 24 2. Any duly authorized officer, employee, or agent of the health 25 department, [social services department,] or department of financial 26 services may, upon presentation of proper identification, have access 27 to, and inspect, any records maintained by the community relevant to the 28 respective agency's regulatory authority, with or without advance 29 notice, to secure compliance with, or to prevent a violation of, any 30 provision of this article. 31 S 13. Paragraph k of subdivision 1 of section 4615 of the public 32 health law, as amended by chapter 659 of the laws of 1997, is amended to 33 read as follows: 34 k. The commissioner [or the commissioner of social services] has found 35 violations of applicable statutes, rules or regulations which threaten 36 to affect directly the health, safety, or welfare of a resident of a 37 continuing care retirement community. 38 S 14. The section heading of section 4623 of the public health law, as 39 amended by chapter 659 of the laws of 1997, is amended to read as 40 follows: 41 Long term care insurance [for] AND continuing care retirement 42 contracts. 43 S 15. This act shall take effect on the one hundred eightieth day 44 after it shall have become a law; provided, however, that effective 45 immediately the department of health is authorized to take such steps in 46 advance of such effective date, including the addition, amendment and/or 47 repeal of any rule or regulation as may be necessary to ensure the time- 48 ly implementation of this act on such effective date.