Are there any laws that protect nursing home residents from financial exploitation?

Yes, there are laws in Washington that protect nursing home residents from financial exploitation. Washington has enacted the Nursing Home Resident Financial Exploitation Prevention Law to provide protection from financial exploitation. This law requires that the nursing home must implement policies and procedures to prevent or detect financial exploitation of residents by third parties. The law also requires the nursing home to report any actual or suspected financial exploitation of a resident to the Department of Social and Health Services Adult Protective Services (APS). In addition, Washington has a law protecting vulnerable adults from financial exploitation. This law, known as the "Protected Vulnerable Adult Financial Exploitation Act of 2020," requires financial institutions to report suspected financial exploitation of a vulnerable adult to APS. The law also allows the Department of Financial Institutions to place a "hold" on the account of the vulnerable adult to prevent any further financial exploitation. The Washington State Health Care Authority also has regulations in place requiring the nursing home to provide education and training to staff and residents about financial exploitation. These regulations require the nursing home to appoint a representative to review complaints and inquiries related to financial exploitation. In addition to the laws and regulations mentioned, Washington has adopted the National Nursing Home Abuse Law. This law provides civil and criminal remedies for victims of abuse and neglect in nursing homes. It also requires nursing homes to provide a safe environment for residents.

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