Many people presume that receiving a bespoke care at home service is beyond their financial means; however, as more information about financing care becomes available in the public domain, care at home is becoming an increasingly popular option.

Funding for care can be a confusing subject area, however, by carrying out a little research and utilising resources available to you, your options become clearer and easier to understand.

 

Public Funding

You may be eligible to receive help with funding your care from the Government. You have the right to request a free care assessment from your local Social Services department; this can include a community care assessment and a means-tested financial assessment to see if you are eligible to receive support with the cost of your care. Contact us today so we can refer your details onto your local authority.

 

Direct Payments

If you have been assessed as needing care services, you may be offered direct payments. As part of this arrangement, monetary payments will be made by your local council directly to you so that you are able to organise and pay for your care service. These payments are designed to support you to remain living at home, encouraging independence and social inclusion in areas such as employment, education and leisure activities.

The Government is looking to increase the number of people who receive direct payments, allowing more people access to the benefits that they bring. If you are considered eligible for support with funding, your local council are duty bound to consider direct payments as an option for you, instead of providing services to meet your needs.

Individual Service Fund

 If you feel that there is a strong responsibility of managing direct payments, this would be the next best option for you. The concept is very simple- the council will elect a trusted third party company to hold and manage the funds on your behalf and your home care provider will invoice the company so you do not have to deal with the hassle. Selecting this option will not jeopardise you ability to exercise choice and control in managing your personal care arrangement.

Independent Living Fund

Funded by Central Government, the Independent Living Fund supports people with disabilities to live independently in their own homes, rather than in residential care.

Payments are made to people with disabilities so they can afford the employment costs, or associated employment costs, of a personal assistant or care agency to provide the support they need to remain living at home.

There are many things which the fund cannot be used to pay for, to understand what cannot be paid for with the fund; you can read more on the Government website.

 

Private Funding

Should you not be eligible for public funding, or would simply prefer to fund your care privately, you will need to source your care independently. Faced with so many different options and conflicting information, this can become both a time-consuming and overwhelming task.

If you are looking for support with financial planning, we would recommend that you contact an impartial Financial Advisor specialising in Care Fees. They can discuss options such as:

  • Equity Release
  • Funding Care fees
  • Estate preservation
  • Wealth Preservation

For more information on funding please click here

 

Supporting You in Your Home

Whether your care is paid for by private or public funds, we can deliver a high quality homecare service to you, tailored to your individual requirements.

If you would like to receive a quote for our care at home service, based on your individual care needs, please contact our Care at Home Team on 01226 611 116