Why is it good to have a contingency? 5.6

Contingency

This is an optional amount that can be set aside in your home care budget to cater for difficult times.  Think of it as rainy-day money.   

This contingency money may end up not being spent.  It is important to factor this in when you move from one provider to another.  The unspent funds - less any exit fee - will move with you to the new provider. 

Jill Donaldsonagedcare101  Physiotherapist

If/ when you no longer have a need for home care (eg entering residential care or dying) then your part of the unspent funds (less any exit fees) must be returned to the government. 

 

 

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