Course

Aged Care Planning - FINS5543

Faculty: UNSW Business School

School: School of Banking and Finance

Course Outline: FINS5543 Course outline

Campus: Sydney

Career: Postgraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 3

Enrolment Requirements:

Prerequisites: in program 7273 or 5273 or 9273

CSS Contribution Charge: 3 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

View course information for previous years.

Description

Australia has the 4th highest life expectancy in the world and the percentage of the population in the 80 plus age group is expected to more than double by the year 2050. This course imparts the knowledge necessary to provide effective advice to clients in the later stages of retirement (and their families) who are looking at their current or future care needs. This is a complex area that has recently been the subject of major legislative reforms. This course covers an outline of fees for home care and residential aged care and puts them into the context of an economy facing the challenges of an ageing demographic. Funding aged care services for a rapidly growing sector of the population is leading a push to greater user pays outcomes across all OECD countries, and Australia is no different. A unique feature of this course is that the course outlines a process to follow for providing advice and integrates the financial considerations with personal and emotional aspects of accessing aged care services. A predominant part of the course covers the issues of moving into residential care, but various Topics also cover the issues for the other living options including retirement villages, granny flat rights and home care packages.

The course may also be taken on a ‘non award’ basis
meeting

Study Levels

UNSW Quick Links