Fair Deal Scheme

The Fair Deal Scheme was enacted in 2009 to assist those who cannot afford to pay full cost of nursing home care. The Fair Deal Scheme mainly applies to those in need of long term nursing home care, but cannot afford it. The main purpose of the scheme is to ensure that no one needs to sell their family home to pay for cost of care.

Nursing home care costs are managed under the Health Service Executive (HSE).  The costs can be paid in full or partially. Those charged with paying the resident’s portion of the cost are allowed to defer the charge. Under the Fair Deal Scheme, every person contributions to the cost of care is based on their means and the state will then pay the balance.

A financial assessment is needed to define the level of contribution an individual makes towards the cost of future care. Income and assets of each individual are assessed. Ultimately if you have little income and assets you pay less than those who have more income and assets.

Financial assessment requires …

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RTE Drivetime: ‘Talking Money’ on the ‘Fair Deal’ for nursing homes, 13th April 2015

Fair Deal is a scheme which is there to help make nursing home care affordable for people. It doesn’t discriminate based on means, but it also tends to run out of money and often people can be left holding on to valuable assets while the state absorbs large costs on their behalf.

This week in ‘Talking Money’ we examine whether or not it makes sense and what you can do about it.

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