The bill amends Chapter 23-59 of the General Laws, which governs "Continuing Care Provider Registration and Disclosure," by introducing a new "continuing care at home program." This program is designed to support older adults in living independently while providing access to higher levels of care when necessary. Providers are required to register with the Department of Health to offer these services, whether in facilities or through the home program.

The bill expands the definition of "resident" to include individuals receiving care at home through the continuing care at home program and mandates that the disclosure statement requirements apply to both care options. The disclosure statement must include comprehensive information about ownership, management, operating expenses, and policies regarding access to services for nonresidents.

Additionally, the bill enhances the requirements for continuing care contracts, mandating clarity on services, fees, and conditions for relinquishing space. It specifies that providers must give at least thirty days' notice before any changes in fees or services, prohibits alterations to lump-sum payments during the contract term, and allows residents to rescind contracts within seven days without penalty. The legislation ensures automatic contract rescission and full refunds in the event of a resident's death or inability to occupy the facility. Furthermore, it establishes civil liability for providers who violate contract terms, thereby strengthening protections for residents and promoting transparency and accountability in continuing care arrangements. The act would take effect upon passage.