Bill > SB1152

This bill modifies existing regulations for nursing homes and certified nursing facilities, specifically addressing professional liability insurance requirements. The legislation mandates that such facilities must maintain general liability insurance coverage of at least $1 million per occurrence and professional liability coverage equal to the recovery limit set by § 8.01-581.15 per patient occurrence. Importantly, the bill requires nursing homes and certified nursing facilities to provide proof of these insurance coverages during licensure renewal or have such documentation available to the Board of Health. Failure to maintain the required minimum insurance limits will result in revocation of the facility's license. The bill aims to ensure that nursing homes and certified nursing facilities have adequate insurance to compensate patients or individuals for potential injuries or losses resulting from negligent acts, thereby providing an additional layer of financial protection and accountability for patients receiving care in these settings.