Avoid paying care home fees with Compass Continuing Healthcare.
Should I have to pay for care?
The starting position, in the absence of NHS funding, is that if an individual has assets exceeding £23,250 then they are liable to pay for the cost of their care in full, whether they receive care at home with carers, or if they are paying care home costs in a residential or nursing home.
Even when the assets of the individual fall below £23,250 they have to continue to part contribute from their assets to their care home costs until they fall below £14,000. Even when this lower threshold is met the individual will be required to contribute towards their care home costs from any income they receive.
As such, funding the cost of care in the absence of NHS continuing healthcare funding is extremely expensive. The average care home costs of a nursing home in England and Wales is in excess of £1,600 a week, or £83,000 a year. However the costs can far exceed even these figures and from client feedback we are aware that weekly fees in excess of £2,500 are not uncommon.
However, this extremely bleak and expensive scenario does not apply if the individual’s primary need for care is a health. In this scenario there is funding available called NHS continuing healthcare that pays all care fees for the individual in full, whether this is care home costs or costs for carers where the patient remains living in their own home.
NHS Continuing healthcare funding is NOT means tested and pays 100% of the care costs of the individual wherever they receive their care. There is NOT a requirement to be in a nursing home to be eligible for NHS continuing healthcare.