Are you thinking about later life care for either yourself or a loved one, but worried about the cost of a good quality care home? Would you be interested in learning more about the government’s funding care cap and how the proposed changes may work for you?
In September the government announced its long-awaited plans to reform adult social care funding by placing a cap on the maximum amount you would need to pay to cover care costs for your entire lifetime.
The proposals, which do not come into force until October 2023 cap the cost of care at £86,000 but this figure does not include ‘hotel costs’ at a care home, such as accommodation and meals.
Some of the common questions raised by families and those seeking later life care are:
- Do I need to sell my property to fund care?
- How can I pay for care and leave a legacy for loved ones?
- What options do I have to fund care costs?
- How can I ensure the money doesn’t run out when paying for care?
- How will the proposed cap on care costs work for me?
To help answer these questions and give practical advice, Rokewood Court care home in association with Financial Care Solutions Ltd are holding a free Funding care and how the proposed cap on care costs may work webinar on Tuesday 19th and Thursday 21st October at 11am – 12pm.
Join us to find out how these changes may work for you. Spaces at this free webinar are limited so please contact Home Admissions Advisor Jessica Kanji via our ‘Request a Call-back” service here.
Financial Care Solutions Ltd are an independent company and are members of the Society of Later Life Advisers, SOLLA.