N.M. Admin. Code § 9.2.24.10 - COST OF CARE INCREASES
A. Rate and fee increases based on cost of care increases for providing medical care or health-related supportive services to an individual resident shall be governed by any applicable terms of the continuing care contract. If there are no applicable terms, such rate and fee increases shall be considered general cost of care increases.
B. General cost of care increases shall be treated as an expense item by a continuing care community.
Notes
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