| Financing and Funding Care Hub | Self-funding care |
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Live-in care costs are comparable to those of a care home, and for couples, they can be particularly attractive due to potential cost savings. There are many factors that impact the cost of live-in care, including the health of the person receiving care, the conditions they are living with and the type of provider you use to receive care in your own home. The range of weekly fees will differ dramatically from provider to provider.
Live-in care costs are quoted as a weekly inclusive price based on a person’s assessed needs – there are no extras. This makes it very straightforward for families to plan the annual live-in care cost for their loved one. Care homes will charge a weekly fee for care and some separate out the care and accommodation costs, in addition to charging monthly for extras like hairdressing, newspapers, therapy appointments like chiropody and social events and activities. This can make it more challenging for families to plan the total cost of care.
Once the inclusive weekly fee is agreed with you, typically there will not be an increase in live-in care costs unless there is a significant change to the care your loved one needs. Annual inflationary rises in live-care costs are usual practice with all providers in the sector and will need to be considered by families when looking at the longer term.
At Country Cousins we have over 60 years’ experience in helping families to plan long term care. We know that for many the cost of care is a significant consideration. Many families will be faced with having to fund their own care (known as self-funding care), whilst others will be entitled to care funding or other support.
Types of funding care available:
- Healthcare funding
- Local authority support
- Self-funding
