Care Home Funding Threshold

Savings threshold for local authority funding in 2019 20.

Care home funding threshold. There is no lower savings threshold in wales. 24 000 care at home or 50 000 care in a care home scotland. After you ve had the care needs assessment and you ve an agreed care and support plan there will be a financial assessment also known as a means test. The upper savings threshold in wales is 50 000 for residential care and 24 000 for care at home.

Paying for a care home. It also depends on the type of care home you are looking for and your care needs. This is called self funded. Explore the options for paying for a care home.

If you have capital below the lower limit you ll get help with care home fees. If you don t want a financial assessment you can choose to pay for your care home yourself this is called self funding. 24 90 weekly in england and northern ireland. This will take into account your income and capital e g savings.

Local authority funding paying for yourself or nhs support. Get free care advice whether you are seeking a care home in northern wales or a care home in southern wales. People in wales will pay no more than 90 per week for their care at home. If you re assessed as having capital above the upper capital limit you won t get help from your local council with paying care home fees over and above any assessed entitlement to free personal and nursing care.

Care home fees vary across the uk. This guide explains what you should expect when you start to research the costs of care homes in wales. In order to arrange social care you need to first get a care needs assessment. Personal expenses allowance for people in care.

Self funding a care home. If your local council carries out a care needs assessment and finds you need a care home place they will do a means test to work out how much you must contribute towards the cost of your care. In england if you have assets of more than 23 259 this is above the savings threshold for care home fees and you re what s called a self funder. Care at home arranged by your local council isn t usually free.