The Financially Disadvantaged and Access to Aged Care
Overview
What Government supports are available to those who are low means or financially disadvantaged when accessing aged care services?
In this session we will discuss the Governments support for people who are financially disadvantaged. The Australian Government provides a safety net to people who are financial disadvantaged or experiencing financial hardship to ensure they can access aged care services.
We will examine the following:
- Means testing arrangement for care in the home
- Means testing arrangement for residential aged care.
- How to calculate the amount someone will be asked to pay for their accommodation or/& care.
- Eligibility criterial for accessing financial hardship support.
- The impact of funding on operators and care providers.
- What happens if a persons circumstances change.
Learning Outcomes:
Attendees will gain an understanding of the aged care system and how it supports the financially disadvantaged and those experiencing financial hardship. In particular attendees will be able to understand and calculate the following:
- The means testing arrangement for people accessing care.
- Cost of accommodation and care.
- Understand when a person is eligible to access financial hardship support.
- Understand how operators receive Government Funding.
- Identify issues when circumstances change.
Suited to:
Financial planners, para planners, accountants, lawyers
This On Demand recording Includes:
- Recording of the Live Webinar, which can be viewed multiple times, for as long as required
- Presenters contact details for follow up questions
- CPD Quiz
- CPD Certificate
- CPD Report – Logged automatically
- PowerPoint Presentation
- Verbatim Transcript, with Searchability
- Supporting Documentation
Course syllabus
3 lessons
- Video – The Financially Disadvantaged and Access to Aged CareVideo
- Feedback Survey QuestionsSurvey
- Knowledge QuizTest
Your presenter
Jemma Briscoe,Aged Care Gurus
Director & Head of Research and Technical Advice, Aged Care Gurus.
Jemma is responsible for developing and delivering the content for a variety of accredited retirement communities and residential aged care workshops to Financial Planners, Lawyers and Accountants. Jemma also conducts ongoing research into this industry and provides technical support and assistance to the national network of Aged Care Guru Advisers.
Jemma is a lecturer and tutor at the University of Technology, Sydney (UTS) Jemma delivers subjects such as Equity Valuation and Corporate Finance. Jemma has provided consulting advice in course and content development to several Universities and has a background in equities research, consulting and Chartered accounting. Jemma holds a Masters of Applied Finance, B. Business and is a CPA.