Kieran Coughlan: ‘Fair Deal’ burden may force farmers out of the scheme

The “Fair Deal Scheme” hit the headlines this week following speculation that the contribution rates payable by an individual requiring nursing care would be adjusted upwards, due to a shortfall in funding for the scheme within the HSE’s budget.

Currently, an individual requiring nursing care and opting into the fair deal scheme is required to contribute up to 80% of their weekly income, and 7.5% of their assets, towards the cost of their care, with the State picking up the balance where an individual has insufficient income or assets to cover the cost.

With some nursing homes costing upwards of 1,300 per week, the financial burden of nursing home care can quickly add up. Yet, the requirement that an individual contribute 80% of their income and 7.5% of the value of their assets towards the cost ensures that the financial cost weighs heavily on the individual.