Missouri bill would require senior-care referral companies to disclose financial ties
State Rep. Phil Amato, a Republican from Arnold, filed the standalone bill to require senior care referral sites to disclose financial ties, which was then added onto a sweeping health bill sponsored by Rep. Tara Peters (Tim Bommel/Missouri House Communications).
For-profit referral companies that connect Missouri seniors to assisted living facilities would be required to disclose their financial ties to those facilities under a bill debated in a Missouri Senate committee on Wednesday.
The proposal, which is included in a sweeping health bill, aims to add 'protections for families looking to place their loved one in a facility,' Republican state Rep. Tara Peters of Rolla, told lawmakers shortly before the House approved the bill last month.
The Senate Committee on Families, Seniors and Health heard public testimony Wednesday.
CONTACT US
The bill has won support from advocates for seniors as well as lobbyists representing associations for long-term care facilities.
The only opposition came from the referral companies themselves, who said the requirements were a regulatory burden that would confuse families trying to get information on facilities.
Washington, Colorado, Arizona, and Maryland have passed similar laws.
Companies such as the national, private-equity backed A Good Place for Mom offer free assistance for those looking for assisted living facilities. They make money by receiving fees from facilities for referrals.
A Good Place for Mom, which is based in New York, hired seven Jefferson City lobbyists on March 4, according to the Missouri Ethics Commission.
The legislation would require agencies to disclose any relationship between the company and long-term care facility, and the fact that the company receives a fee for the referral. It would also require the consumer to sign off on an agreement before the agency shares their contact info.
Proponents argue that consumers aren't made aware of the companies' motivations for recommending certain facilities. They also say that when consumers enter their contact information into a company's website, they are not aware that they are giving permission to share that information with facilities.
Jeff Balleau, who testified in support of the legislation, runs a local referral agency and believes there should be more transparency.
'The only people that don't support this are billion dollar venture capitalist companies who feel like honesty and transparency doesn't meet family needs,' he said.
He added that when his father was searching for a facility, he got '40 calls in a day' and 'I'm not sure who finds that helpful.' He said he's seen clients have trouble opting out once they're signed up and their information has been shared.
Erin Dwyer, who works at Senior Care Authority, another local referral company, as a senior care advisor said 'these online lead aggregators don't listen to client needs. They blast their client info, and the families need to be able to opt out.'
A Washington Post investigation last year found that A Good Place for Mom, the largest such agency, regularly recommends facilities on its website that state regulatory agencies have found to be substandard. Reporters found more than one-third of facilities recognized by A Place for Mom from 2023 to 2024 as award-winning, across 28 states, were cited by the state for 'serious violations affecting resident care.' The U.S. Senate's Special Committee on Aging subsequently announced it was launching an investigation into A Place for Mom.
SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
State Rep. Phil Amato, a Republican from Arnold, sponsored the standalone version of the bill that passed out of committee earlier this year unanimously for the second year in a row. It was later added to Peters' health care bill as an amendment.
Amato was inspired to file the bill after hearing from constituents, he told a House committee in March.
Amato said in one instance, the sibling of a potential long-term care resident entered her info to one of these sites. The woman, who'd recently lost her husband, then received a barrage of calls from facilities that appointments had been set up for her to visit. She didn't even know if assisted living would be right for her yet.
'She's grieving the loss of her husband, and now she's getting all of these pestering phone calls,' Amato said. '…When it was told to me, I couldn't believe it. And then since then, I've had other horror stories.'
Amato's bill last year was nearing passage, he said in March, but died when the Senate adjourned early.
'This year, there's getting some pushback,' Amato said, 'because there's been some, I know you're shocked to hear, but somebody has hired lobbyists to come and try to make sure that this thing is defeated.'
Michelle McGovern, the chief legal officer for A Place for Mom, testified that while her company supports transparency, the bill imposes an 'unnecessary regulatory burden,' and will confuse families trying to access information.
'Forcing families into fee disclosures and business negotiations, especially during times of emotional stress will add confusion and not clarity to families,' she said.
McGovern said the provision requiring families to sign off on an agreement with the company could prove confusing and negative to their business.
'We just want to keep the contracts between us and the community,' she said at the March hearing, referring to the facilities they contract with.
A Place for Mom contracts with 200 care facilities across Missouri, McGovern said.
State Rep. Jo Doll, a St. Louis Democrat, pressed McGovern at last month's hearing.
'It's kind of like you're selling the information to your community customers,' Doll said.
McGovern responded that consumers are 'consenting for us to share. I mean, there's no other way to do a referral. They are consenting to us to share their information with the community.'
Doll said people who provide their contact info may just want to see the options, not have their information shared with facilities.
Jewell Patek, a longtime Jefferson City lobbyist representing A Place for Mom and another referral company called Caring, said Wednesday the bill would hurt seniors.
'This bill would be very harmful to the business practices of the people who are providing the most information that's free and available and trustworthy,' he said, 'and I think it would be harmful to the folks that everyone's saying they're trying to protect.'
The committee concluded without taking a vote on the bill Wednesday.
SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
41 minutes ago
- Yahoo
How Trump's budget bill will impact student loans: What to know
US President Trump's "big, beautiful bill," which is currently being considered by the Senate after passing the House, will change the rules for current students relying on federal loans and grants as well as borrowers working to pay down their debt. Author and student loan expert Mark Kantrowitz joins Wealth to outline these changes and what student loan borrowers need to know. To watch more expert insights and analysis on the latest market action, check out more Wealth here. Sign in to access your portfolio


Bloomberg
41 minutes ago
- Bloomberg
Pell Grants Are an Engine of Social Mobility. Don't Cut Them.
To preserve tax cuts for the wealthy, the Republican budget reconciliation proposals moving through Congress cut programs for the neediest in ways that will lead to higher costs for everyone in the long run. The plans include not only cuts to Medicaid and SNAP, but also to Pell Grants, the program that provides federal assistance for higher education. The first Pell Grant was awarded in 1973 and since then has helped millions of low-income students attend college. The grants overwhelmingly go to the poorest households — only 6% of Pell Grant recipients come from families that earn over $60,000 annually. The program's reputation as an engine of social mobility has long given it bipartisan support — but now, the Senate's plan will harm the lowest-income recipients by reducing the eligibility of working students.


Forbes
an hour ago
- Forbes
Trump Primes Bitcoin And Crypto For A Price Game-Changer Predicted To ‘Unleash' Trillions
Bitcoin and crypto have surged this year as traders bet U.S. president Donald Trump's administration will further boost the bitcoin price (helped by Treasury secretary Scott Bessent issuing a surprise crypto market prediction). Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes' CryptoAsset & Blockchain Advisor where you can "uncover blockchain blockbusters poised for 1,000% plus gains!" The bitcoin price has traded above $100,000 per bitcoin since early May after rebounding from Trump's tariff-induced slump as rumors swirl of a looming, 'extraordinary' White House update. Now, as traders await an immient Federal Reserve bombshell, the U.S. Senate is poised to vote on the Trump administration's landmark stablecoin bill, with Trump promising it will lead to the U.S. 'dominating' bitcoin and crypto and expected to open up the crypto market to 'trillions of tokenized dollars." Sign up now for the free CryptoCodex—A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull run U.S. president Donald Trump has made it a priority of his administration to get stablecoin ... More legislation passed, something that's helped support the bitcoin price and crypto market in recent months. This week, the U.S. Senate voted 68 to 30 to move forward the so-called Genius Act that would regulate stablecoins, setting the bipartisan bill up for a final vote that's scheduled for Tuesday, June 17. 'The version of the Genius Act that we will invoke cloture on today reflects months of hard work and negotiations from members on both sides of the aisle,' Republican majority leader John Thune said in comments reported by Politico, adding, "it's time to move forward and pass this legislation." If sent onto Trump's desk for his signature, the Genius Act would provide a legal and regulatory framework for stablecoins—a form of bitcoin-inspired cryptocurrency that's usually pegged to the U.S. dollar and used to move money around the world more quickly and cheaply than traditional payment rails. "This clarity could unlock trillions in financial and payment rails innovation," Samir Kerbage, chief investment officer at Hashdex Asset Management, said in emailed comments, and pointing to stablecoin transaction volume that has recently surpassed Visa and Mastercard. 'A finalized framework [for stablecoin legislation] in the U.S. could unleash a new wave of institutional adoption and product innovation, possibly bringing trillions of tokenized dollars to the market in the years to come.' The stablecoin market—dominated by Tether's USDT and Circle's USDC—has rocketed from almost zero 10 years ago to $250 billion today, with Wall Street, the world's biggest retailers and Silicon Valley technology giants this year scrambling to grab a slice of the red-hot market. Treasury secretary Scott Bessent echoed a report from analysts with Standard Chartered Bank this week when he predicted U.S. stablecoin legislation would boost the market 10-fold to around $2 trillion. Meanwhile, U.S. president Donald Trump said he's proud to be considered the first 'crypto president' during a pre-recorded address to Coinbase's State of Crypto Summit, telling attendees that after passing the Genius Act stablecoin legislation he wants to create a 'clear and simple market frameworks that will allow America to dominate the future of crypto and bitcoin.' Trump has fully embraced bitcoin and crypto over the last year, following through on his campaign promise to create a U.S. strategic bitcoin reserve via an executive order in March and also launching his own memecoin and U.S. dollar-pegged stablecoin via his family's World Liberty Financial project. Sign up now for CryptoCodex—A free, daily newsletter for the crypto-curious The bitcoin price has surged over the last year, topping $100,000 as U.S. president Donald Trump ... More embraces crypto and sparking a flurry of bullish bitcoin price predictions. Trump's growing ties to crypto, which Forbes found has added around $1 billion to his personal wealth, has been used by Democratic Party lawmakers to campaign against the Genius Act, with Democratic representative Jamie Raskin from Maryland warning last month that Trump's crypto ventures offered the 'perfect opportunity for foreign government, corporate and individual funds to be funneled into Donald Trump's bank account and his family's finances.' Bitcoin and crypto traders expecting clarity on stablecoin regulation has helped support the bitcoin price in recent months that's been rocked along with stock markets by trade tensions. 'Bitcoin appears to be consolidating above $100,000,' David Morrison, senior market analyst at Trade Nation, said in emailed comments, pointing to the settling market turmoil caused by Trump's global trade war. 'Recent moves to strengthen regulation across stablecoins have also helped.'