How Has Fair Deal Advice Proven Itself to be a Boon for Couples?

 

Fair Deal Nursing Home Scheme is indeed fair. All applicants in dire need of nursing home care, including those worried about the sustainability of their farm businesses, can avail its financial benefits. There is no distinction on age grounds. One such group, enjoying the payment support offered by the Health Service Executive (HSE) are couples. If you are a part of a couple applying for the scheme through Fair Deal Advice or any other advisory body, spare a few minutes to check out the scheme benefits in store for you.

Fair Deal Solutions for Irish Couples

While applying for the scheme, every applicant has to follow four steps – filling the form, assessment of care needs and financial condition, and the Nursing Home Loan Scheme. Although the final one is optional, the leniency towards payment in all phases is worthy of appreciation. Let’s tell you how in the upcoming sections. Keep scrolling to come across them.

One of the most amazing things about the Fair Deal Scheme is that it considers same-sex unmarried couples as ‘couples’, making the system more inclusive. The only condition is for them to stay together for a minimum of three years to avail the scheme benefits.

When contributing towards the nursing homes charges, the HSE demands only 40% of their income and 3.75% of their aggregate asset value per year. Both are half of what an individual who is not part of a couple pays to enjoy the benefits.

The three-year cap benefitting farmers and business owners also prove advantageous for couples. The 3.75% contribution that we discussed just now is payable for a maximum of 3 years. This indicates that if you are a part of a couple, you will contribute 11.25% of your property value towards nursing home care expenses.

The HSE has even tailored the Nursing Home Loan Scheme to support couples. While applying for it, both have to sign on the application form. HSE allows partners suffering from a reduced capacity to take the assistance of a care representative or Ward of Court or a holder of a power of attorney to act on their behalf. One of the partners can also apply to have the repayment deferred for their lifetime.

Lastly, couples enjoy financial safeguards under the Fair Deal Scheme. HSE leaves the spouse or partner living at home with 50% of their overall income or a chunk of the State Pension, whichever is sufficient for their survival.

Explore More Such Benefits of the Scheme at Fair Deal Advice!

Fair Deal Scheme has practically eliminated the financial hurdles to meet the nursing home expenses for all Irish citizens. Of them, couples are one of the beneficiaries. However, understanding the terms and conditions attached to the scheme can be challenging for a few. Fortunately, Fair Deal Advice, an advisory service provider, simplifies the process by ensuring timely grant of nursing home support to applicants, including couples.