Friday, January 19, 2024

All You Need To Know About The Fair Deal Scheme In Ireland

If you are eyeing the nursing home support scheme that would offer you financial support for long-term nursing care, then you should probably consider the Fair Deal Scheme in Ireland. This fair-deal nursing home scheme ensures that the elderly get the necessary financial support that would make life easier for him or her. 

fair deal nursing home scheme


As people get older, it's necessary to ensure that they live a longer, healthier, and more fulfilling life. Caring for the senior brigade is definitely vital for society, and to reduce the financial distress that comes along with divergent health issues, the nursing home support scheme is essential. While people talk about the fair deal nursing home scheme, many are not aware of the nitty-gritty details and how one can apply for the scheme. However, here are a few things that you should note about the fair deals scheme.

Looking at the first stage, you are required to apply for the Care Needs Assessment. This will help you identify if, at all, you need long-term nursing care. In fact, you are going to be assessed on whether or not you will be supported to live in a home with all the amenities or if long-term nursing care is more necessary.

At the second stage, you are required to apply formally for the fair deal scheme in Ireland. This nursing home support scheme is based on your level of dependency, the location, and the standard of the nursing home that you select.

At the next step, the assets and income of the elderly are assessed to determine how much they themselves can contribute to the care and how much the state would need to pay to balance the amount. The elderly are often asked to contribute at least 80% of their total income and around 7.5% per annum of the valuation of the assets (5% if one has applied for the Fair Deal Nursing Home Scheme before July 25, 2013).

However, it’s important to note that the first €36,000 of asset valuation won't be calculated. Moreover, for the couple, €72,000 will not be calculated in the financial assessment system. Just like these, there are many rules and regulations that are included in the Fair Deal Scheme. However, as a novice, it cannot be understood by anyone. There are a lot of parameters that you need to make note of. The good news is that there are many professionals who will advise you about the fair deal scheme.

Getting approval is itself a challenge

Sometimes, even after doing a lot of paperwork, it’s highly challenging to get approval for the fair deal scheme. That's when you need to connect with experts who will advise you on the nitty-gritty details and also help you with the paperwork to get the job done. 

Final words

With the right guidance and support, you can definitely get the deal approved by the authorities, but then comes the challenge of connecting with nursing homes and choosing which one would be best for your needs and budget. There are both private and public nursing homes with different services and amenities. Things can get confusing for the common man, which is why it's necessary to connect with a Fair Deal advisor to help them through the entire process. With a nominal fee, you can have expert advisors at your service. Connect today to ensure confusion is sorted out and distress is addressed at the right time.


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