|Posted:||January 3, 2019 12:35 PM|
|From:||Representative Thomas P. Murt|
|To:||All House members|
|Subject:||Long-Term Care Consumer Financial Interest Prohibition Act (Prior HB 844)|
|I am reintroducing legislation that prohibits an employee of a long-term care facility from serving as a guardian of a consumer, an agent under a power of attorney of a consumer, a beneficiary of any insurance policy or annuity of a consumer, or an executor of the estate of a consumer. This proposal was prompted by a constituent case which involved a gentleman’s father who entered a retirement home and was “convinced” by an employee of the institution to become his “good friend.” Unfortunately, the “friend” became executor of his will and received a $100,000 fee from the arrangement.
I believe that we must do what we can to ensure that vulnerable individuals in long-term care settings do not fall prey to persons who have the opportunity to exploit them. Financial exploitation is the fastest growing type of elder abuse, and as our frail elderly population continues to grow, it is essential that we address this issue and take the steps necessary to prevent such future exploitation.
PREVIOUS COSPONSORS OF HB 844: D. COSTA, GILLEN, IRVIN, KINSEY AND WATSON
Introduced as HB666