A Guide To Care Home Costs 2023

In recent years, care home fees have risen to some of the highest levels we've seen, making it increasingly challenging for individuals to pay for care, whether for themselves or a family member.

Understanding Care Home Fees in the UK

When it comes to paying for care, costs vary based on several factors. In this blog, we'll delve into the different costs associated with care homes and nursing homes, how to find the right care and support, and what financial support is available

Care Home Fees in the UK

The cost of care homes and nursing homes across the UK changes depending on many factors including care services and amenities, with some including extras in an all-inclusive fee, while others charge for additional services. Fee structures can be on a weekly, monthly, or pay-as-you-go basis.

If a care home's fees only cover standard care and support, accommodation, and meals, additional charges may apply for services like chiropody, physiotherapy, hairdressing, and outings. Depending on individual needs, this can be a suitable option, while others may prefer an all-inclusive lifestyle. Lark View Care Home has adopted the all-inclusive care approach, so all support needs, food, and care, come within the standard care costs.

Exploring Average Care Costs

According to UK Care Guide, the average nursing home cost and care home fees range from £27,000 to £39,000 per year for residential care. Specialist care, such as nursing care or dementia care, can increase costs from £35,000 to £55,000 annually. Location, especially in the South, significantly influences costs.

No two care homes are alike. It's crucial to compare based on care types, average weekly cost, and offered facilities. Look beyond the price tag to ensure the chosen nursing home or care home aligns with specific needs. Don't be afraid to ask questions and to get the care and support that you need as it needs to work on both a personal and financial level.

Diverse Care Options

Respite Care Costs

Respite care, a short-term service for recovery or caregiver support, often involves weekly payments. It provides the same care plan and support as long-term care, offering caregivers a break and ensuring quality care for the individual. Typically, respite care has a higher average weekly cost and duration ranges from a couple of weeks up to several months, allowing both a break for the at-home carer as well as some time to recuperate for the resident.

Residential Care Home Fees

Residential care is cost-effective for those living independently as they no longer have to worry about utility costs, energy bills and other daily living costs. Residential care is also beneficial for those seeking companionship or additional support with activities of daily living. Additional personal services may incur extra charges, so understanding what's included in a care home's care package is vital.

Nursing Care Costs & Dementia Care Home Fees

When it comes to more specialist care such as nursing care and dementia care, these types of care and support are more expensive due to complex needs. Residents receive 24/7 support, including accommodation, care, medication management, and meals. Care for dementia and nursing costs more due to the nature of residents' support needs which can require a registered nurse to be present at all hours of the day.

What to Expect in Care Home Fees

Expectations vary; all-inclusive care homes offer convenience but at a higher cost. Understanding what's covered, especially in basic care packages, is essential. Despite higher costs, all-inclusive care homes provide peace of mind with no unexpected fees. They cater to various care types, making them a preferred choice. Some care homes don't offer all-inclusive care, as a result of this, not everything will be included in the cost, therefore, it would be additional fees for meals, treatments and more.

Financial Support & Funding Your Care

Responsibility typically falls on the care recipient to pay care home fees, but financial assistance from local authorities or NHS may be available. A financial assessment looks at eligibility criteria and it is also useful to consult a financial advisor for extra financial support when determining the best approach to paying for care costs.

Local Authority Funding

Applying for local council funding involves a means test, where the local authority will assess an individual's income, assets, and savings, and will only contribute towards the cost of care if these fall below a certain threshold. It is also worth noting that funding from the local authority may not cover an individual's total cost of care and a top-up fee may be required.

NHS Continuing Healthcare Funding

NHS funded nursing care, which is also known as NHS Continuing Healthcare Funding (NHS CHC), is a care package provided by the NHS to individuals who have significant healthcare needs.

The funding covers the nursing home or care home fees, in addition to other healthcare-related expenses such as medical equipment and medication. To qualify for the funding, an assessment is carried out by a care professional and has an eligibility criteria which is based solely on an individual's healthcare needs rather than being means tested like the funding from the local authority.

The eligibility criteria notes that an individual must have ongoing healthcare needs that are complex; these may include a severe disability, long-term health condition, or terminal illness. If eligible for NHS-funded nursing care, the NHS pays the full cost of care fees, including accommodation costs, meals, personal care, and nursing care.

Self-Funding Your Care

A self funder is an individual who covers their costs entirely or receives financial support from a family member. When considering self-funding, it is essential to think about long-term sustainability and potential cost increases due to care types, location, and facilities. It would also be worth seeking guidance from a financial advisor who will be able to help in making such a big financial decision.

Government Initiatives - Care Home Fees Cap 2025

In a pivotal move, the UK government announced it is set to introduce a cap on care home fees in 2025, ensuring individuals won't pay more than £86,000 for their care.

The upcoming care cap for fees signifies a crucial shift, offering financial security to individuals seeking care. The cap, set at £86,000, relieves the financial burden once reached, with the government stepping in for personal care costs. However, residents should be aware that this cap doesn't encompass ancillary expenses.

As the government implements these transformative measures, individuals and their families are encouraged to stay informed and prepare for the proposed changes. Understanding the scope of covered costs and those requiring separate funding will empower residents to make informed decisions about their care.

Choose Quality Care at Lark View Care Home

Discover comfort and fulfilment at Lark View Care Home in Thanington. Our all-inclusive care offers personalised services, including Dementia Care, Nursing Care, Residential Care, Respite Care, and Palliative Care. Enjoy various facilities like a cinema room, activities programme, private landscaped gardens, and a salon. There is no need to worry if there are any hidden fees at Lark View Care Home as all of our facilities and amenities are covered within our care costs.

Learn More

For enquiries on payment options, care home costs, or facilities, call us on 01227 932777 or contact us now and book a tour for a firsthand look around our care home in Thanington.