Continuing care contract refers to a contract which facilitates continuing care community. Continuing care community is also known as life care community. Generally, elderly people resort to continuing care community. This contract provides continuing care insurance. The insurance provider shall indicate which services or items are included in the contract for continuing care and which services or items are made available at or by the facility at extra charge. Such items shall include, but are not limited to, food, shelter, personal services or nursing care, drugs, burial, and incidentals.
The following is an example of the state statute (Florida) defining continuing care:
Fla. Stat. § 651.011 Continuing care or care means furnishing pursuant to a contract shelter and either nursing care or personal services, whether such nursing care or personal services are provided in the facility or in another setting designated by the contract for continuing care, to an individual not related by consanguinity or affinity to the provider furnishing such care, upon payment of an entrance fee. Other personal services provided shall be designated in the continuing care contract. Contracts to provide continuing care include agreements to provide care for any duration, including contracts that are terminable by either party.