In a classic example of putting one’s financial interests ahead of the public good, Representative Dr. Cox killed the mandatory nursing home insurance bill in his committee today. What can really make your belly squirm is that Dr. Cox owns several “uninsured nursing homes.” I got ask Dr. Cox, is there such a thing as conflict of interest? Shame on you Dr. Cox for putting your financial interests ahead of elderly Oklahomans. I guess your employees can allow patients to develop bed sores, falls, dehydration and all the while you can rake in your profits and have no real threat of losing any of that money regardless of the type of care these homes provide.
Here is a press release from Oklahoma Center for Consumer and Patient Safety. Great job Mr. Roberts in the release and its factual statements.
REPLACES BILL TO FAVOR COMMITTEE CHAIRMAN
“It is sad that Dr. Cox put his personal financial interest in front of requiring nursing homes be financially responsible,” said Hugh M. Robert, Executive Director of the Oklahoma Center for Consumer and Patient Safety. Robert went on to say “the Oklahoma Senate had overwhelmingly supported the amended bill and Dr. Cox, who purportedly operates his nursing homes without insurance, today showed his personal financial interest is more important to him than protecting his constituents or the citizens of the State of Oklahoma.”
The amended bill would have required nursing home operators to prove they have sufficient assets to cover claims of resident abuse or neglect. If the nursing home operator fails to keep sufficient assets and does not carry liability insurance the officers, directors and shareholders of the nursing home operator would be personally liable to a nursing home resident or their family when someone is abused or neglected.
One reason Dr. Cox as well as the nursing home lobby has cited for not carrying insurance is that the Medicaid reimbursement levels not being high enough to provide the owners with large profits and pay for insurance. However, this does not take into account the private pay residents and if the issue is with reimbursement rates, then Dr. Cox, in his capacity as a representative should work on reimbursement rates, not blocking a resident or family of a resident from holding responsible a nursing home who abuses or neglects a loved one.
If a nursing home resident is neglected or abused they should have a remedy. Robert comments “we require people who drive cars to carry mandatory insurance, why should nursing homes be any different.” “Forcing nursing home operators to show they are financially sound in order to have a license to take care of our elderly citizens just makes common sense, especially with the growing elderly population” Robert says. Most nursing home operators are for profit and carrying liability insurance is a legitimate cost of doing business. A nursing home does not have to choose between providing good care and being financially responsible, they should be required to do both.