Delaware SB340 mandates long-term care facilities to maintain specific insurance coverage and notify the Department of any lapses.
Delaware SB340 amends Title 16 of the Delaware Code to require long-term care facilities to maintain insurance coverage of at least $1 million per claim and $3 million in the aggregate for general and professional liability, including abuse and molestation coverage. Facilities must provide proof of this insurance when applying for or renewing their license. Insurance companies must notify the Department within 14 days of any coverage lapses or cancellations. Failure to maintain the required insurance will result in the revocation of the facility's license.
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