Over payment of Nursing Home Fees under the Fair Deal
It never ceases to amaze me how many people apply for the Fair Deal without getting professional advice and without understanding how it works. Applying for the Fair Deal for many is probably the second biggest financial transaction that they will be involved in since taking out their mortgage and buying their first home. Yet they do not seek advice and fill out the forms blind not knowing what they are really getting into.
The consequences of this approach is that the vast majority of people in the Fair Deal scheme and thats around 23,000 persons are overpaying their contributions to care. I come across it usually after thousands of euros have been unnecessarily lost from overpayments which in general are not recoverable. One mistake in the application will have lifetime financial implications for the applicant as they will be over charged in most cases. I suppose ignorance is bliss and what you dont know won’t bother you.
Often the Fair Deal process is seen as an once off exercise and once the forms are submitted and the applicant is in care nobody ever looks at the Fair Deal again other than making their monthly contribution to care and watching their bank accounts deplete over time and giving out how the Fair Deal is taking everything they have or once had.
As these people don’t understand the rules they don’t understand that the Fair Deal is designed not to effectively clean anyone out financially. It takes a percentage of your income and a % of your property and cash assets. What people don’t realise is that they can have their cash assets reassessed each year so that they are not continuing to contribute on cash assets balances that are no longer there this never getting to a point where all funds are used.
The other mistake is they don’t claim their tax rebates on their Nursing Home fees on an annual basis which means having given out for their whole lives about the amount of tax they pay, they are now not availing of an opportunity to recover their tax paid in full each year.
If you are one of the above or if you know someone in this situation I suggest you do the two actions detailed above and save yourself some money and stop overpaying your Nursing Home fees. If you need assistance in doing so please contact Tom Murray at www.fairdealadvice.ie by email at firstname.lastname@example.org or phone 086 601 5042 who can assist you with the process.
I have had the privilege of using the service on 2 separate occasions and I can honestly say that it was the most professional service I received in the area of providing advice around that fair deal System run by the HSE.
The cost of the service was more than out weighed by the savings accrued as a result of Toms expertise and advice throughout (several thousand euro in savings)
We were so lucky to have an expert such as Tom who provided information, expertise and most of all personal advice during the entire process and cannot thank him enough for his support and assistance.
Brian Mac manus
Tom Murray Fair Deal was a huge help to us. He guided us the whole way through. His advice is impeccable. He responds to phone calls and e mails immediately and produces documents almost in real time. I could not emphasise too strongly the help Tom provided. Worth every penny. Thanks Tom.
I contacted Tom for advice regarding the Fair Deal Scheme as my mother required full time care in a nursing home. Tom's expertise and advice was invaluable. He made the whole daunting process very easy. He had a list of required documents (some that I didn’t know I would need). He took the pain and worry out of the whole process and put my mind at rest. I cannot recommend Tom and this service highly enough. I consider this to be money well spent. Thanks Tom.
Once you make the first call to Tom regarding the Fair Deal Scheme , he makes it all very easy to understand and navigates you easily through the process. The thought of Fair Deal can be daunting for any family but with Tom's assistance and knowledge of the scheme it was an easy process.
Excellent advice, very professional
We contacted Tom with regard to my parents needing Nursing Home care and the Fair Deal process.
Tom's advice was absolutely invaluable to us and without his help we wouldn't have been able to get through this daunting and difficult process.
We can't thank him enough for his advice and support and would have no hesitation in recommending him.
I contacted Tom seeking advice on structuring a financial solution for both of my parent's long term care. Tom took the time to analyse in detail their particular needs and circumstances. This resulted in a long term sustainable financial solution under the Fair Deal Scheme. I would recommend Tom without hesitation, given the value his professional advise brought in guiding us to a long term sustainable financial solution.
Gave excellent advice and fully answered my follow-up questions.
We recently contacted Tom for help with the Fair Deal application process for our father. Although it is a process that can be quite daunting & ambiguous at times, Tom expertly guided us through. There wasn't a single question we had that he could not answer and apart from the financials at all, his extensive and insightful knowledge of the nursing home landscape was absolutely invaluable to us at such a difficult time. His response rate was extremely prompt at all times and he really went above and beyond for us. We could not possibly recommend Tom and his services enough.
I contacted Tom for advice regarding the Fair Deal Scheme as my mother required full time care in a nursing home. Tom's advice was invaluable, his knowledge was exceptional and he was very understanding at this difficult time.
I would not hesitate in recommending his services to anyone finding this process daunting.
Thank you Tom for putting my mind at ease.