| (a) |
Ward Charges cover bed , food and beverage , medical consultation, nursing care, therapy services , common medications , utilities , overhead administrative cost etc.
|
| |
Subsidised Residents
| Deposit (Refundable) |
$1500 |
| Monthly Ward Charges |
$1500 |
The monthly Invoices are jointly paid for by the resident, the Government and the MFTNH. The actual amount payable by the resident towards ward charges will depend on eligibility for subsidy based on the the Means Test and assessment of socio-economic status of the family. Subsidised residents co-pay between $250 to $800 per month on an average. |
| |
Ward Charges for Non-Subsidised Residents
Deposit (Refundable) $1500, $2000 or $2500 depending on the type of ward chosen.
Monthly Ward Charges
| 8 bedded |
$1500 |
| 4 bedded |
$2000 |
| 2 bedded (air-con) |
$2500 |
|
| (b) |
Charges for Consumables eg. diapers, special feeds, special prescriptions, transport etc. are based on actual usage & market rates - for both subsidised and non-subsidised residents |
| (c) |
Invoices
Monthly Invoices are computer generated and forwarded by the 10 th of each month. A Statement of Account summarizing all Invoice and Amounts Paid is also forwarded on a quarterly basis. All transactions are transparent and the Invoices and SOA clearly indicate the various Government subsidies , the resident’s co-payment amount and the MFTNH’s contribution as per MOH requirement. |
| (d) |
Fund Raising
The Home organizes 3 major fund raising events annually.
For example
– Walkathon, Charity Dinner and a Food & Fun Fiesta or Flag Day (if we are successful bidders ) . There are also other ongoing activities eg walk-in donations (cash and in kind) , GIRO payments, placement of Donation Boxes at vantage points, We need to raise about $1 million annually to meet the needs of the home. |
