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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. This funding is developed to see to it that the needs of the senior citizens are objectively reviewed and met at all times. The basic things that one has to know about the system will be discussed here briefly. 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. Next reason is that, in this 21st century, most of the elderly citizens are living in subsidized caring facilities. This condition is brought about of the common reasons of the elderly, like being left alone after the death of his or her spouse, has no children to tend to his or her needs, and is financially incompetent to spend for his or her health care requirements.
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Since the elderly comprise the majority of the population of most developed countries today, the government is responsible to protect the welfare of its elderly.
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The senior citizens are attended to by the government in many ways. Number one to mention is through 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. The conditions mentioned above has brought about the creation of ACFI with the objective of having an easier assessment that is objective and standardized. 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. The three major domains comprise the complex health care, behaviour and activities of daily living. From these three scores, ACFI will then determine the level of assistance to give to the senior concern.