Residential care in New Zealand is provided by private companies and not-for-profit organisations. In most cases, the cost of the care is subsidised by a Government subsidy called the ‘Residential Care Subsidy’.
Residential care falls into 4 categories: rest home care; long term hospital care; dementia care and psycho-geriatric care.
Our friends at Lifetime Income Fund have prepared the follolwing which explains how they work.
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