The Nursing Homes Support Scheme is a system of financial support for individuals in need of long-term nursing home care. Under the Scheme, nursing home residents contribute towards the cost of their nursing home care based on their means, and the HSE pays the balance.
For the purposes of the Nursing Homes Support Scheme, any rent collected from a property belonging to an applicant is classed as income. The value of a person's principal private residence is classed as an asset. Individuals contribute up to 80% of their assessable income (which would include any rental income) and a maximum of 7.5% of the value of any assets per annum towards their cost of care. The first €36,000 of an individual's assets, or €72,000 in the case of a couple, is not counted at all in the financial assessment. An individual's principal residence is only included in the financial assessment for the first three years of their time in care.