Paying for a care home

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Information on how to pay for a care home in the UK.

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Paying for a care home

  1. 1. The cost of a care home differs for everybody. It depends onthe type of care you require and your capital. England Upper limit: £23,250 Lower limit: £14,250 Scotland Upper limit: £24,750 Lower limit: £15,250In the UK, it’s up to the Local Authority to determine how much of your care home costs you canafford to pay. They calculate this based on your total capital and – in some cases – on what they Walesdetermine to be your ‘weekly income’. Upper limit: £22,000If your total capital (i.e. the value of your solely-owned properties, savings and investments) Lower limit: £22,000falls between the upper and lower limits shown on the left side of this page (excluding Wales,which only has an upper limit), then that figure is used to determine your ‘weekly income’. Forevery £250 of capital you have, you’re given a weekly income of £1. It is this ‘income’calculation that the Local Authority uses to determine how much financial assistance you’reentitled to.If your capital falls below the lower limit, then your capital won’t factor into your feeassessment. If it falls above the upper limit, you’ll be required to pay your care home fees infull.If your weekly income adds up to more than your weekly care home costs (plus an additional Source: Direct.gov.ukexpenses figure, £23.50 in Scotland/England, £24.00 in Wales), then you’re required to pay foryour care yourself. Image via Loretta Prescott via Pinterest
  2. 2. When you move into a care home, you should still receive the state benefitsyou’re entitled to. In fact, it’s important to claim all the benefits you qualify for,as this is calculated into the Local Authority’s assessment of your finances. Hereare some of the most common benefits care home residents receive: • State Pension • Disability Living Allowance • Attendance Allowance In addition to care homes, there’s also • Income Support/Pension the option to receive in-home care. Credit If you have a full-time carer – perhaps a friend or family member – you can look into temporary care home stays or respite care options for when your full- time carer is on holiday.While the way in which care home cost assistance is calculated is set in stone, It’s also worthwhile for your carer toyou still have the power to ensure you’re getting the proper funding you are look into Carer’s Allowance.entitled to. Here are some ways you can make sure you’re getting the financialhelp you need: • Assess your care needs- if necessary, work with your GP and the Local Authority to get an official assessment of your financial needs • Update your Local Authority when your financial needs change • Double-check that you are receiving all of the benefits (i.e. the ones listed in the section above) you’re entitled to Source: Bupa.co.uk , Bupa.co.uk
  3. 3. Direct.gov.uk AgeUK.orgTurn2Us.org.uk Bupa.co.uk Image via Heather Green via Pinterest

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