Following your care needs assessment, we will offer to complete a financial assessment to work out how much of that cost we can cover, and how much your financial contribution will be.
Will I have to pay?
If we assist with arranging any care services that you need, there will always be a financial assessment to see if you can afford to pay towards the cost of these services.
The financial assessment will look at your:
savings and investments
any property that you own or part own - where applicable
any other regular income that you receive.
As a result of the assessment we will work out how much you will need to contribute towards your care. This may be some or all of the cost of the care, depending on the amount of income, savings and assets you have.
For non-residential care [233KB], your contribution will be assessed based on government regulations. In some circumstances you will not have to pay anything towards your care.
For residential or nursing care [260KB], you will always have to make a contribution towards the cost of your care fees, however there are some exceptions. Your contribution with be assessed in line with the Care Act regulations set out by the Department of Health. You will make a contribution based on your income from state pension, benefits or other income, plus any capital or savings you have more than £14,250. You are entitled to retain an amount towards any personal items you need, such as toiletries and newspapers. This amount is currently £24.90 per week.
However, if you choose a care home that is more expensive than the maximum weekly council contribution, you will have to make arrangements for someone else to pay the difference. This is called a third party top up. You cannot pay this amount from your own income or capital. We have produced a
third party top-up factfile [111KB] to help you understand how a third party top up works.
Deferred payments are designed to prevent people from having to sell their home in order to meet the cost of their care. If you meet the scheme criteria, we could offer you this option.
To be eligible for deferred payments, you must:
be already in a care home, or moving to one soon
own a property
have less than £23,250 in capital
A deferred payment agreement is only one option to pay for care. To find out more about all options available, it is best to speak to a financial advisor or seek advice from an independent organisation.