Financing Your Healthcare

At Silver Stream we recognise and appreciate that making a care decision can be a challenging time for you and your family.

Sometimes a care decision can be made gradually, as you grow older or your health declines, and sometimes a care decision will have to be made quickly, for example in the event of an illness or injury.

In any event, we find that understanding your options, and knowing what to expect, can help to make your decision a little easier.

An important factor to consider when choosing residential care is how you will finance your healthcare. There are a number of options to choose from whether you wish to pay privately or require financial assistance.

This section has been prepared to provide you with comprehensive information about Silver Stream Healthcare Group’s schedule of fees, your payment options and how to apply for financial assistance, should you require it.

When you are ready, we invite you to arrange a consultation with a member of our professional care team.

If at any time you have any questions, or would like further information, please don’t hesitate to get in touch. We will be happy to assist you every step of the way, to ensure that you make the right choice for you.

Your Payment Options

When you choose residential care with Silver Stream there are a number of payment options available, whether you wish to pay privately or require financial support.

Paying Privately

You are welcome to pay your fees privately if you do not require financial assistance. You may wish to fund your care through income, pension or sale of an asset. Paying your fees on a private basis will be agreed with you prior to your admission and the information will be included in your Contract Of Care.

If at any time whilst you are paying privately, you wish to apply for financial assistance then please discuss this with the Director of Nursing at your earliest convenience. All residents are welcome to apply to The Nursing Home Support Scheme.

Taxation Relief and Allowances

If you are paying your own residential care fees privately, or are paying for another person’s care, you may be entitled to claim tax allowances or rebate.

You may claim relief for nursing home fees expenditure under the general scheme for tax relief on medical expenses at your highest rate of tax (either 20% or 41%).

A long stay resident who pays tax under PAYE can apply to have the expenses allowed in their tax credit certificate.

We advise you to contact the Revenue Commissioners to check your entitlements prior to, or upon commencement of paying your fees, as the tax allowances can be applied to the current tax year.

For more information about your entitlements and how to apply please visit

Medical Insurance

Many health insurance providers offer a convalescence care option, or contribution towards short stay care, included in your health plan. To check your eligibility you will need to contact your health insurance provider.

As Silver Stream Healthcare Group have no direct payment scheme with medical insurance companies you will be required to pay your fees upon admission to residential care. The fees will include your accommodation and comprehensive nursing care.

As a resident you will have the same benefits and opportunities as long stay residents, with access to all services and facilities including health and social care programmes. You will also have access to a panel of therapeutic and specialist services on a private fee basis.

Following your stay, Silver Stream will provide you with all of the documentation necessary to complete your medical insurance claim.

Carer’s Grant

The Carer’s Grant is an annual payment made to carers by the Department of Social Protection. Carers may use this grant to avail of respite care for the person you are providing care for, in a Silver Stream Home.

In June of each year (usually on the first Thursday of the month), the Department of Social Protection pays the grant automatically to carers getting Carer’s Allowance, Carer’s Benefit, Domiciliary Care Allowance or Prescribed Relative’s Allowance from The Department of Health.

If you would like to learn more about the respite grant please contact the Department of Health at the details below:

Department of Health and Social Protection
Respite Care Grant Section
PO Box 10085
Dublin 2

Tel: 01 673 22 22


Contact Us

Head Office / Ratoath Manor
Co Meath.
Tel: (01) 825 4265
Fax: (01) 825 4263
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