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The poor quality of home care services is never far from the headlines these days. Recent documentaries, such as the Channel 4 Dispatches ‘Britain’s Pensioner Care Scandal’, have highlighted the industry-wide problems of visits being cut short, unfair terms and conditions for staff, and variable quality and regulation of services. It all makes for a worrying picture.
At the time of writing this, we are awaiting the results of the General Election. My main thoughts are: would things change, will promises be kept and what will be the outcome for Social Care? From the various political manifestos, nothing is really clear about how this crisis is going to be resolved. What is clear is that public and private expenditure on long-term care is increasing rapidly. The NHS could be facing a 25% increase in the cost of elderly care, between now and 2025. Within eight years, 2.8 million people over 65 will be unable to cope alone and will require nursing and social care, many with dementia.
There are various ways to organise your finances so that you remain living in your own home for as long as possible. With the uncertainty of the government’s future plans, we would urge people to consider the following options:
- How do I pay for my care and protect my capital?
- Will I get some guarantees?
- Where can I get unbiased advice?
Let me introduce you to Solla
Some years ago the Bunbury Care Agency became the first home care agency to be made an affiliate member of The Society of Later Life Advisers (SOLLA). Their aim is to ensure that people are better informed about the financial issues of later life and can find a fully accredited adviser quickly and easily. SOLLA is a not-for-profit organisation that does not make any money from advice given or products sold. They were the first organisation to train financial advisors specifically in finding solutions to the cost of elderly care.
We are happy to recommend a local financial advisor who is a fully registered member of Solla and therefore an expert in elderly care funding. So no matter what your questions are, be they legal, financial or other matters, we can help.
Nobody caring for elderly parents wants to put a monetary value on it, but hopefully, our home Care Fees Solutions can answer your questions.
We understand that this can often be a stressful and emotional time and whilst we make no claims to being a ‘one stop shop’, we hope that our information will help you make informed choices.
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If you would like more information about funding elderly care and would like to be put in touch with our consultant, please call us on 01829 260280.
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Campaigning to help people remain living in their own homes
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