Does the Fair Deal scheme mean that 7.5% of total assets are taken each week regardless?
The HSE info occasionally remarks 'no-one will pay more than the actual cost of care' but I'm not clear on this.
If two people each had a pension of 36k.
Person A person has 5k in savings
Person B has 500k in savings
Do each pay 7.5% of their savings each week? Or only up to the weekly cost as advertised by the nursing home?
http://www.hse.ie/eng/services/list/4/olderpeople/nhss/#care:
"You will contribute 80% of your assessable income and 7.5% of the value of any assets per annum (5% of assets if the application was made prior to the 25th July 2013). However, the first €36,000 of your assets, or €72,000 for a couple, will not be counted at all in the financial assessment. "
The HSE info occasionally remarks 'no-one will pay more than the actual cost of care' but I'm not clear on this.
If two people each had a pension of 36k.
Person A person has 5k in savings
Person B has 500k in savings
Do each pay 7.5% of their savings each week? Or only up to the weekly cost as advertised by the nursing home?
http://www.hse.ie/eng/services/list/4/olderpeople/nhss/#care:
"You will contribute 80% of your assessable income and 7.5% of the value of any assets per annum (5% of assets if the application was made prior to the 25th July 2013). However, the first €36,000 of your assets, or €72,000 for a couple, will not be counted at all in the financial assessment. "