Self Funding Care
Help self funders understand their self funding care options; understand care funding jargon and help to guide your self funding care actions.
Where a residential home provides personal care only (such as help with washing, dressing and giving medication).
A nursing home provides care that needs to be carried out or supervised by a registered nurse (such as dressings, injections and so on) and must have a registered nurse present at all times.
There are two main types of nursing care:
- homes attended by registered nurses who lead teams of carers
- homes attended by registered mental nurses
The Care Act 2014 will come into effect from April 2015 and is an overhaul of social care in England.
Fundamentally, the Act reforms how the law works and has prioritised people’s well being, needs and goals.
Councils must enable people to access independent financial advice to help steer them through the complexities of care funding.
Many people confuse nursing care with residential care, and that’s understandable because they are very similar.
However, it is important to distinguish between the two so as to help you to understand how nursing care works.
Residential care is when you move into a care home, and are looked after by trained care workers.
This is the ideal option for you if you struggle to do things by yourself, but do not have any serious illnesses or disabilities.
Nursing care, on the other hand, is essentially the same as a care home, however the care home will be registered as a nursing home, and instead of care assistants, you will be looked after by fully qualified nursing staff.
Nursing care is typically recommended for anyone whose health has deteriorated and would benefit from round the clock medical care. Nursing care is not exclusive to later life, but anyone with a serious illness or health problem may be referred to nursing care.
When it comes to self funding your nursing care, it is always best to know your financial options. Nursing care can, after all, be very expensive.
You may qualify for help towards funding your nursing care if your assets are below £23, 250. Those who fall above this threshold will be classed as ‘self funders’ and most likely have to pay for all their nursing care fess.
Eligibility for NHS continuing care hinges on a number of factors. These include whether you are assessed as having a “primary health need”, a complex medical condition and substantial care needs.
Unfortunately, not everyone with a disability or long-term condition is be eligible.
NHS continuing care is only available for people who need ongoing healthcare and meet set eligibility criteria.
If you are assessed as qualifying for NHS continuing care it will cover your care home fees in full, including the cost of accommodation, personal care and healthcare costs.
NHS continuing care is a non-means tested form of healthcare which is provided to patients outside of hospital.
Unlike ‘self funders’ who are required to pay all their own care costs, if you qualify for NHS continuing care your care will be rendered to you for free.