Welcome to

Capitol News Service

Florida's Best Political Television Coverage

 


Visit the Lobby Tools Website

 


Visit Legislative IQ Website

 


Recent Posts

Categories

Archives

RSS Capitol News LIVE

RSS Quote of the Day

  • Isaac Asimov
    "There is a single light of science, and to brighten it anywhere is to brighten it everywhere."
  • Oscar Wilde
    "Experience is simply the name we give our mistakes."
  • Benjamin Franklin
    "A penny saved is a penny earned."
  • P. J. O'Rourke
    "The mystery of government is not how Washington works but how to make it stop."

Lawmakers Outraged Over Legislation to Protect Seniors Failing to Get a Hearing

March 1st, 2018 by Jake Stofan

When a continuing care retirement community goes bankrupt it leaves the resident’s life and finances in jeopardy.

Three of Florida’s 71 CCRC’s have gone bankrupt in the last 5 years.

Sponsors say it’s because the Office of Insurance Regulation has has little authority to step in.

Proposed Legislation would close loopholes and give the OIR power to make changes before a facility goes bankrupt, but it’s stalled in the House.

 

“If you’re doing the right thing it shouldn’t matter to you, but politics has seeped into this and you’re seeing a bipartisan bill that I’m proud to cosponsor in the House die a slow painful death and it’s awful,” said House sponsor Sean Shaw.

Lawmakers are looking for ways to resurrect the bill, saying if it doesn’t pass CCRC residents will be left at risk.

Posted in State News | No Comments »

Comments are closed.

copyright © 2016 by Capitol News Service | Powered by Wordpress | Hosted by LyonsHost.com