Caring for a loved one with dementia can be a challenging journey, especially when the time comes to consider moving them into a care home. Below, we explore the financial aspects of dementia care in a care home, including where the necessary funds may come from, the potential need to sell one’s house, and how the UK government provides assistance.
Understanding the Costs
The cost of dementia care in a care home can vary significantly based on factors like location, level of care required, and the quality of the facility. These costs can include:
1. Accommodation and Care Fees: This covers the room, meals, and 24-hour care provided by the care home staff.
2. Additional Services: Some care homes offer extra services like transportation, recreational activities, and specialised dementia care, which may incur additional fees.
3. Personal Expenses: Residents often have personal expenses such as clothing, toiletries, and any specific medical needs.
Where Will the Money Come From?
Funding dementia care in a care home can be a complex task, but several options are available:
- Personal Savings and Assets: Many individuals use their personal savings, investments, or assets, including selling their property, to fund care home expenses.
- Local Authority Support: Local authorities offer means-tested financial support to those who qualify. The amount of support provided depends on one’s financial situation. It’s important to undergo a financial assessment to determine eligibility.
- NHS Funding: In some cases, individuals with complex healthcare needs may qualify for NHS Continuing Healthcare (CHC), which covers the full cost of care, including dementia care in a care home.
Selling the House
One common question is whether one’s house needs to be sold to pay for dementia care. The answer varies depending on individual circumstances:
1. Property Value: If the value of the house is sufficient to cover care home fees, selling it may be an option. Alternatively, some families choose to rent out the property to generate income.
2. Property Exemptions: In some cases, the house may be exempt from being counted as an asset, such as when a spouse or dependent relative still lives there.
Government Assistance
The UK government offers various forms of assistance for those requiring dementia care in a care home:
1. Attendance Allowance: If the individual with dementia is over 65 and requires help with personal care, they may be eligible for Attendance Allowance, a non-means-tested benefit.
2. Local Authority Funding: Local authorities can provide financial support based on means-testing. It’s crucial to inquire about available benefits and support in your specific area.
3. NHS CHC: As mentioned earlier, NHS Continuing Healthcare can cover the full cost of care for individuals with complex healthcare needs.
Final Thoughts
Funding dementia care in a care home is a significant concern for many families. By understanding the potential sources of funding, the implications of selling a house, and government assistance options, you can make informed decisions about how to best support your loved one’s care needs. Seek professional financial advice and consult with your local authorities to explore all available avenues for financial support. Remember, there are resources to help you navigate this complex but crucial aspect of dementia care.
