Fair Deal Advice Blog

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 advice@fairdealadvice.ie or phone 086 601 5042 who can assist you with the process.

Source From: https://www.linkedin.com/pulse/overpayment-nursing-home-fees-under-fair-deal-tom-murray/

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I cannot recommend Tom's expertise highly enough . His calm and reassuring manner and his knowledge in the field of fairdeal is a breadth of fresh air .When I was at my wits end with a very stressful experience regarding a fair deal application he rang me back promptly . His advise and help were invaluable .I just wish I'd known about this service before I applied . I advise everyone going through this process to seek professional help and you won't go wrong with a phonecall to Tom. Thank you for your help .
  
 
  
 
 
 
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We contacted Tom for advice on my mothers care when my sister and I traveled to Ireland to visit our mother who was waiting to be discharged to a Nursing Home from CUH. His advice was thorough and he was able to assess my mothers financial needs very quickly.  His expertise, follow up, and professionalism were highly evident.  Tom sees things through and he takes his professional role seriously.  We will continue to refer to Tom on my mothers loan application process for her care. I am relieved to have found someone like Tom to help us navigate the nursing home process.  A million thanks, Tom for all your help!  I am happy to know you.
  
 
  
 
 
 
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Tom is exceptional.  His calm, reassuring expertise and ability cuts through the mind numbing complexity of the Fair Deal and supports when you are making difficult & heart-breaking decisions. Our Dad had died unexpectedly just days after our mother had transferred in an emergency situation into full-time care.  Thus, the original Fair Deal application was null & void. We were dealing with grief, anxiety over our mother’s care and dread over how her care would be funded. After one discussion with Tom,  a weight lifted off our shoulders and we had a clear approach to manage our revised Fair Deal application. If I had known of Tom’s existence, I would have persuaded my Dad to have spoken to him years ago. He would have put my Dad and all of us on the best financial pathway to not only provide the best care for my mother but would have removed the dread and fear that my Dad felt, believing he was going to lose everything trying to fund my mother’s care. My advice would be to contact Tom years in advance of needing care funding;  ask him to do a Fair Deal financial assessment and create a financial plan.  You will sleep better at night!
  
 
  
 
 
 
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 Bernie Walsh 
 
 
 
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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.