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.
Paying for your care in later life can be unnecessarily confusing and stressful, so it helps if you have an idea about where you might stand financially to determine whether you will have your costs paid for, or whether you will be officially classed as a Self Funder. However, what are Self Funders?
Self Funders are people who are deemed, by the government, as having sufficient amounts of assets to be able to pay for their own care, in later life.
As we move into the later years of life, it can become more difficult to take care of ourselves, meaning that we may require extra help and assistance. This is normally in the form of care, which could be in a residential or nursing home, or even staying in the comfort of your own home. For many, this can be expensive as you receive assistance with many parts of daily life.
This can include everything from cooking and bathing to getting in and out of bed. Quite often, there may be help to cover these costs.