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ACFI Funding as a Way to Provide the Welfare of the Senior Citizens The welfare of a country’s senior citizens are served and protected in the most effective way through a funding approach called ACFI or Aged Care Funding Instrument. The federal government has developed this funding with the objective of assessing and meeting the needs of the senior citizens in the most objective way. It is important that you need to know the basic things about this funding, and these will be outlined briefly here. It is undeniable that we need to support the senior citizens. One reason is that the bodily functions and capabilities of a person growing older would gradually decline, and for this, he or she would have the tendency to require new assistance and support. Number two reason is that many seniors in today’s age of the 21st century, are existing in caring facilities which are subsidized. Most of the common reasons are because of the facts that the seniors have no children present to attend to their needs, or they are left alone after the death of their spouses, or they are financially incapable of funding their health care needs.
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And the third reason is that the senior citizens in a developed country comprise the majority of the population, thereby tasking the government to be responsible in protecting their welfare.
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The senior citizens are attended to by the government in many ways. One way is by sending financial support through a subsidized caring facilities that state officials would send. Another method is for the government to conduct a routine assessment of all senior citizens living in the caring areas about their financial needs with the help of medical professionals who are hired at predetermined intervals. This system was developed because reports in the past differ from one medical professional to the other that had caused miscommunications whenever an audit officer would come out with their reviews. Because of the problems mentioned, ACFI was created with the aim of making assessments easier to conduct and in a way that is objective and has standards. It was reported that after the creation of the system, there was less concerns of the outputs among the experts. ACFI comprises the vital information and current medical diagnosis of the clients. In order to get information that will categorize the client as having high, moderate, or low health needs in the three major domains, there will be twelve questions that will be asked. Complex health care, behaviour and activities of daily living are the compositions of the three major domains. ACFI will then determine the level of assistance to give to the senior concern from the scores of these three domains.