CARE COSTS & FUNDING

The cost of live-in care varies depending upon a number of factors including the individual care needs and requirements of the client. Care needs can range from companionship and gentle support, mobility and frailty issues to more complex care needs such as advanced stage dementia, Parkinson’s disease, other chronic debilitating illnesses through to end of life/palliative care.

The cost of live-in care is comparable to the fees of a good residential home and may often be less. Significant savings can be made especially when a couple are being looked after together at home with none of the stress and upheaval of having to move into a care home. It is widely acknowledged that health and well-being are improved when care is provided within the comfort and familiarity of home.

For most people funding long-term care represents an ongoing significant financial outlay but there are various options available in order to provide funding for as long as required.

There are various specialist advisors who can help families to navigate and explore the various funding options and the practicalities of managing fees and associated legal issues. Below are links to organisations providing a wealth of valuable information that you may find helpful.

UK Government

https://www.gov.uk/government/publications/care-and-support-whats-changing/care-and-support-whats-changing

https://www.gov.uk/browse/benefits/disability

The Money Advice Service

https://www.moneyadviceservice.org.uk/en/categories/paying-for-care

Age UK – Paying for Care

https://www.ageuk.org.uk/information-advice/care/paying-for-care/

Which?

https://www.which.co.uk/later-life-care/financing-care