Is there a possibility that the prices offered by NTPF will actually be reduced in the future? The agreed prices are fixed for the duration of the act of agreement. At the end of the contract term, a new pricing negotiation process will be concluded with the care home and all questions, including pricing, will be open for discussion and agreement. What is the role of the NTPF? The NTPF has a special mission within the system, which is to negotiate, on behalf of the State, prices with private and voluntary care homes. As part of this function, the NTPF will enter into price agreements with registered care homes. The NTPF, meanwhile, will provide the HSE with details of the price agreements to be included in the scheme. What will happen to my existing act if no agreement can be reached before it expires? In the interest of residents of the existing fair agreement in a retirement home, a temporary agreement instrument is usually proposed in order to have time to negotiate ongoing and to facilitate the verification process if necessary. What is the date of entry into force of the Act of Understanding? The act of the agreement shall indicate the start date and expiry date of each document. What happens if conditions are set out in clause 5.2 of the Act of Agreement? If any of the conditions of clause 5.2 of the contractual act are in question, this will trigger the termination of the contract. However, this does not preclude the parties from concluding another agreement which may continue the existing agreement under the same or modified conditions. What happens if a resident`s care needs change? There is no provision to check prices after the execution of the act.
Prices are set for the duration of the contract. Are prices negotiated every year? The NTPF will contact each nursing home to agree on a fair price for an additional period of time before the expiry date of a current deed of agreement. 7 years ago, this client donated part of his assets in the hope of using the Fair Deal program. They have also shrunk from their large family home. What is the act of agreement? The deed of agreement is the contract between the care home and NTPF, which sets the maximum price that the fair deal-resident care home can calculate for long-term hospital care, as defined in the deed. These prices shall be fixed for the duration of the act. . . .