How to Fund Your Care Home on the Isle of Wight
Are you looking for a care home on the Isle of Wight? If you or a loved one require adult social care, there are several funding options available to you. Let's explore these options and how they can help you access the care you need.
Personal Funds:
If you have savings and assets over £23,250, you may be expected to contribute to the cost of your care.
The cost of care can vary greatly, but a financial assessment will be carried out to determine what you can afford to pay.
Visit the UK government website for more information on how to pay for care and how to get a financial assessment: https://www.gov.uk/government/publications/build-back-better-our-plan-for-health-and-social-care/adult-social-care-charging-reform-further-details
Council Funding:
If you have limited savings and assets, your local authority may be able to help with the cost of your care.
Council funding for adult social care is provided through council tax and government grants, and your local authority will use these funds to provide a range of services to those in need.
Your local authority will assess your eligibility for council funding based on your individual circumstances
NHS Continuing Healthcare:
If you have complex health and social care needs, you may be eligible for fully funded care provided by the NHS.
NHS Continuing Healthcare can be provided in a variety of settings, including care homes and in your own home, to ensure that you get the care you need in the most appropriate setting for you.
The eligibility for this type of funding is determined through a comprehensive assessment process, taking into account your individual needs and circumstances.
To find out more about NHS Continuing Healthcare and how to apply, visit the NHS website: https://www.nhs.uk/conditions/social-care-and-support-guide/money-work-and-benefits/nhs-continuing-healthcare/
Looking for a care home on the Isle of Wight but unsure how to pay for it? Our care home offers compassionate care and a range of services to meet your individual needs. Contact us today to learn more about our care home and how we can help you access the funding you need to pay for your care.
