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Residential Care and Disability Support Services Act 2018

Qualifying persons - Liability of qualifying person for cost of LTR contracted care: 4 basic rules

16: Rule 2: qualifying person whose assets are above asset threshold must contribute maximum contribution

You could also call this:

"If you have lots of assets, you pay the most you can towards your care."

Illustration for Residential Care and Disability Support Services Act 2018

If you are a qualifying person and your assets are above a certain threshold, you must contribute the maximum amount. This is decided by a means assessment under section 34. You will keep contributing the maximum amount for as long as your assets are above the threshold.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS41562.

Topics:
Health and wellbeing > Healthcare servicesMoney and consumer rights > Savings and retirement
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15: Rule 1: no qualifying person to pay more than maximum contribution, or

"You won't pay more than the maximum amount for your care, no matter what you have."

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17: Rule 3: qualifying person whose assets are equal to or below asset threshold must pay contribution based on income, or

"If you don't have many assets, you pay for care based on how much money you earn."

Part 3Qualifying persons
Liability of qualifying person for cost of LTR contracted care: 4 basic rules

16Rule 2: qualifying person whose assets are above asset threshold must contribute maximum contribution

  1. A qualifying person whose assets as determined by a means assessment under section 34 are above the applicable asset threshold must contribute the maximum contribution for as long as that person’s assets are above the applicable asset threshold.

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