The Nursing Homes Support Scheme (Fair Deal) is a new scheme of financial support for people who need long-term care. It replaces the Subvention Scheme which has been in existence since 1993. Under the Fair Deal Scheme, you will make a contribution towards the cost of your care and the State will pay the balance.
The Fair Deal is designed to make residential nursing home care:
• Accessible • Affordable
There are no changes to Fair Deal in Budget 2014.
As part of Budget 2013, legislation was introduced to provide for an increase in the Fair Deal asset contribution from 5% to 7.5% capped at 22.5% after three years in the case of the principal private residence.