Live In Care Finance FAQs

Here are some of the questions we have been asked the most relating to financing live in care.

Are there any hidden costs?

No – our pricing is transparent. After the initial care assessment we will discuss the costs with you and explain the services we will provide based on the care plan. Once a weekly price is given there will be no hidden extras. The only time the cost will change is if level of care provided needs to be increased because more input is required to meet the client’s needs or where a client’s wellbeing has improved and the care level can decrease.

Do I have to pay the carer directly?

No. All our professional carers are employees of The Good Care Group so all financial aspects of the carer/client relationship are handled by us as their employer. This means there’s no awkward conversations with a carer about financial issues – we handle and manage all issues relating to contractual and financial matters.

Is there any funding available to meet some of the costs of care?

Many families require help with funding and although our clients generally pay for their own care, we can manage complex funding requirements.  All clients are entitled to Attendance Allowance provided by the government, which is non-means tested. Other non-means tested benefits are available from the NHS, such as Continuum of Care for clients in the later stages of life or those under the age of 65 with a diagnosis of illnesses, such as early onset dementia. Our Client Services Manager will discuss financial issues with you at your initial meeting. For more information about stage funding for elderly care, please read our funding fact sheet.

We also work with Care Fees Investment Ltd, independent financial advisors who specialise in the funding of elderly care.  They can provide you with guidance on the funding options available to you and explain tax implications and benefits.

If you still have questions, why not give us a call on 0207 632 5955? One of our Client Services Managers is available to answer your questions, anytime.