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.

What Does it Mean to be Self Funded?

October 30, 2013 in Self funding care FAQs 0 Comments

care-homesIf you are “self funded” then you are responsible for paying for all expenses, relating to your personal care needs. You may be able to receive some assistance with costs, however, it may be likely that you will be expected to pay some of it back, either when you sell any property, or as a part of your estate.

If you are self funded you will be expected to pay for Care Home costs, including rent, meals etc, or in-house care, for example the costs for care assistants to visit you in your home.

You will need to pay the bills directly to the home, or service provider.
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What are Self Funders?

July 17, 2013 in Self Funders, Self funding care at home, Self funding care FAQs, Self funding nursing care, Self funding residential care 0 Comments

what is NHS registered nursing care contribution?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.

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