Michigan Nursing Home Administrator (NHA) Practice Exam

At the time of admission, what obligation is stated regarding a patient's personal funds?

1. The patient must deposit funds with the facility

2. There is no obligation to deposit funds

3. The facility must manage patient funds

4. The patient must withdraw funds immediately

The correct answer is: There is no obligation to deposit funds

A patient's admission to a nursing home typically does not impose an obligation for them to deposit personal funds with the facility. This means that patients are not required to hand over their money upon entering the nursing home. Instead, they have the autonomy to decide how to manage their personal finances and can choose to keep their funds separate if they wish. While some facilities may offer services such as managing patient funds for convenience, this is not compulsory at the time of admission. Patients can retain control over their personal finances, which is crucial for maintaining their independence and autonomy. This understanding aligns with the regulations and rights established for residents in nursing facilities, ensuring that they are not compelled to deposit money against their will. Additionally, this aspect protects residents from potential financial exploitation.