Cost and Funding
What you get for your money
Live-in care offers excellent value when you consider you are paying for a carer that is dedicated to you. Consider this as opposed to receiving care services in a multi-occupancy nursing-home.
Your live in carer is there for you and to attend when you require them, not where you fit into their shift. There is no waiting for the nurses to come around in the morning. You have your breakfast or are assisted to get up and dressed when you want to.
If you want access to a bespoke care solution, Live in care is easily the most cost efficient way. It is 100% focused on your needs allowing you to continue to live at home safely. You maintain your way of life with your partner or pets, as well as continuing your social activities and daily routines.
The actual cost of care
In the South East, care-homes prices start from above £1000 and range over £2000 per week. In comparison Mumby’s live-in fees start at £998 per week at a companionship care level. Mumby’s offer another three levels of care up to high-dependency so that clients with even the most complex of care needs can enjoy the benefits of live-in care.
You will find that much of the nursing home’s fees are actually for the services similar to a hotel. Things like accommodation, food, water and amenities. The actual ‘contact’ hours are minimal and only really happen when nurses are on rounds. With live in care, your money is going directly on services tailored to you
Mumby’s will carry out a care assessment to determine exactly what the weekly fee will be. This is a completely transparent process with no add-ons for extra services. We will present the fee to you and let you decide whether live in care is the right option.
You as a client
When we go through our care plan with you we will also go through our invoice and payment process. All we need from you is an invoices address so that we can send our fee for services provided.
We invoice for care weekly as we pay our carers weekly. However if you would prefer to receive invoices 2 weekly or monthly this can easily be arranged. We tailor every aspect of our care to suit you even up to the finances.
You can pay for your care via Cheque, BACS transfer or via a standing order. We do not have a direct debit mandate set up.
What funding is available to me?
Paying for care in later life is a concern for lots of families. Knowing what the government will contribute and finding the most efficient way to fund care can be confusing.
There are four main ways people pay for their care; Savings, investments, a care annuity or a release in equity. Currently care funding is means tested in the UK at a level of £23,250. In theory if you have assets over £23,250 you will need to meet you own care costs. If you are especially unwell the NHS may meet a sizable percentage of your care costs, known as continuing healthcare.
There are state benefits available that are non-means tested and tax-free. If you are under 65 and looking for help to fund live-in care you may be eligible for The Disability Living Allowance This is being replaced by The Personal Independence Payment of £21.80 and £139.75 per week depending on your level of need.
If you are aged over 65 you may be eligible for Attendance Allowance They are paid at a lower or higher rate and the current rates are £55.10 per week or £82.30 per week, dependent on whether you need 24 hour help.
For more information, help and guidance download the cost and funding guidance from the Live-in Care hub. http://www.liveincarehub.co.uk/wp-content/uploads/2017/03/Paying-for-live-in-care-guide-Feb-17.pdf
If you wish to talk to us regarding care for yourself or a loved one, or would like more information on cost and funding care, please do not hesitate to call us on 0800 505 3511 or 01865 391 187 or email firstname.lastname@example.org
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If you would like more information on our live-in service or have any questions and would like to speak to someone in confidence, please click below.
Our Family looking after your family
Trevor Mumby, Director M.Sc. B.A.S.W
As a member of the Royal Society of Medicine, Trevor has been engaged in the study and alleviation of all forms of emotional disorder for the past 55 years.
His latest book, “Conducting wellbeing with dementia in the family” has received praise from distinguished professors in the UK, Australia and Malaysia.
He is currently providing consulting services to family members who are struggling to manage their daily difficulties and offering 1-2-1 coaching sessions to all Mumby’s staff.