Affordability

Means Test: The physical, mental, emotional and financial health of our applicants is vitally important to MHA. We have implemented a system whereby those health criteria are established when offering accommodation, periodically after that, and at the time of wanting to contract with MHA, in order for both parties (MHA and the applicant) to understand and accept the financial and other obligations ahead

Payment of Life Right: When a Waiting List applicant has been offered a cottage or apartment, and indicates acceptance, a 10% deposit on the Life Right amount is required, with the balance being paid or guaranteed prior to the applicant moving into the accommodation

Monthly Levy: This applies to cottages, apartments and frail care accommodation, must be paid monthly, and interest may be charged on overdue amounts

Day-to-day living expenses:  MHA fully understands and appreciates the financial challenges which face many retirees, more so with advancing age. It is, however, critically important that residents of our cottages and apartments have the means by which to live, without undue hardship. This forms a part of the Means Test referred to above, and may involve counselling and further discussion

Healthcare: Generally our residents have private Healthcare/Medical Aid cover, and maintaining this is strongly encouraged

Guarantee:  When one of our residents needs to move to one of MHA’s Frail Care units, and when faced with potentially increased monthly personal expenses (the Frail Care Levy, medication, nappies, oxygen and other medical consumables, and perhaps private carers), MHA generally asks that the resident provides a guarantee that the monthly expenses will be settled timeously, and invariably a Guarantor is sought, usually a family member

Frail Care Assistance Fund: This has been established to assist those residents, previously residing in a MHA cottage or apartment, who no longer have the financial resources to cover the Frail Care costs in full

Residents’ Assistance Fund:  In instances where a resident in a MHA cottage or apartment can no longer cover monthly expenses, an arrangement is generally made for MHA to recover the monthly Levy amount by debiting the affected resident’s Life Right amount, thus reducing the eventual Refund due. MHA will also consider cases where the resident can no longer meet monthly living expenses, by involving this Fund.

© Methodist Homes Port Elizabeth 2016, Photographic copyright © Colin Urquhart, Karl du Preez, FLIPmedia