Finance Essentials
Finding your feet with finance. Learn where to start and stop when you talk finance with your clients and their families.
Description
These questions will help learners develop an understanding of the financial terminology and concepts relating to residential aged care. This foundation knowledge will help them to provide general advice to potential clients and their families, and to know what they cannot discuss.
Learning Objective
By the end of this question set, learners will be able to:
- Recognise key legislative and financial terms and concepts to be able to answer and refer Residents financial questions.
- Recognise key concepts relating to specialist advice to reduce the risk of giving implied advice. Identify the characteristics of types of advice to guide conversations with Residents and families.
Questions
- Payment options
- Support Types
- Cost types
- Means Testing
- Work out RAC/DAC
- Free advice
- Implied Advice
- Financial Advice
- Refer for advice
- ). Time for Choice
- 1. Fee types
- .. Giving Advice
Finance Essentials
Finding your feet with finance. Learn where to start and stop when you talk finance with your clients and their families.
Training That Drives Change
Talk to our microlearning experts to learn more about Forget Me Not® and how we can improve the way you train. Our evidence-based training methods create more knowledgeable and competent Carers.
Reduced Training Time
Knowledge Retention
Satisfied Clients
