On December 25th, Jiangsu Provincial Department of Civil Affairs, together with seven departments including the Provincial Development and Reform Commission, Provincial Public Security Department, Provincial Department of Finance, and Provincial Market Supervision Administration, issued the “Jiangsu Province Elderly Care Institution Pre charge Management Measures” to tie the “safety rope” of the “money bag” for elderly care. The measures will be implemented from January 15th, 2025, and will be valid for five years. The Management Measures require elderly care institutions to establish an admission evaluation system, determine service items, and use them as the basis for carrying out pre fees. The maximum period for prepayment of elderly care service fees shall not exceed 6 months, and the one-time deposit charged to a single elderly person shall not exceed 12 times the monthly bed fee of the elderly person. The membership fee charged to a single elderly person shall not exceed 12 times the monthly bed fee of the elderly person.
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