Bank of Ireland calls for overhaul of Fair Deal nursing home funding model

• Bank of Ireland flagged widening funding gaps in Irish residential elder care, citing Fair Deal support of about EUR 1,200–1,300 a week.
• Disability-care packages can exceed EUR 10,000 a week, raising questions over parity as nursing homes face rising complexity of needs.
• Management warned the Fair Deal model funds care delivery, not the capital spend needed to modernize facilities to single en suite standards.
• Smaller community nursing homes face mounting pressure, with a once-off EUR 25,000 grant seen as insufficient for redevelopment.
• Ireland’s over-85 population is projected to more than double by 2040, tightening capacity across roughly 32,000 nursing home beds.

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