Care home - protecting assets
Discussion
monoloco said:
I've gone through all this in the last few weeks so ignoring all the self-righteous claptrap on both sides for a moment, here's some accurate and up-to-date figures for nursing homes in the West Sussex area:
Nursing home charge for fully 'self-funding' resident ( ie anyone with cash or assets of more than £23,250) : £1022 PER WEEK. That's for a mid-range nursing home with a 'good' rating from the CQC. Figures I had quoted to me ranged from £800 for a dump with a poor CQC rating per week to £1400+)
Once the savings/assets fall below the £23,250 threshold he stays in the same nursing home, same room, same food, same staff etc but now qualifies for council support and the cost of the room falls to £822 per week. Thats made up of £576 from council, £156 from NHS (nursing support) and £100 per week 'top up' from the family (the top up has to come from family/friend as the resident is bizarrely not allowed to make the extra contribution himself from the remaining £23k). However, the £576 from the council is then recovered from his pension (state and private) of around £300 per week plus a forfeiture of money from his remaining savings so the council is actually contributing less than £200 per week.
So, while he's 'self funding' he is subsidising the 'council funded' residents to the tune of £200 per week. Once he's so called 'council funded' he still spends every penny of his pension, continues to munch through his own savings and the family have to find £450 per month from their own savings. That's after he's spent 50 years of his 90 year life paying taxes, rates, NICs etc. Where's the fairness in all that?
Great reply/nfo.Nursing home charge for fully 'self-funding' resident ( ie anyone with cash or assets of more than £23,250) : £1022 PER WEEK. That's for a mid-range nursing home with a 'good' rating from the CQC. Figures I had quoted to me ranged from £800 for a dump with a poor CQC rating per week to £1400+)
Once the savings/assets fall below the £23,250 threshold he stays in the same nursing home, same room, same food, same staff etc but now qualifies for council support and the cost of the room falls to £822 per week. Thats made up of £576 from council, £156 from NHS (nursing support) and £100 per week 'top up' from the family (the top up has to come from family/friend as the resident is bizarrely not allowed to make the extra contribution himself from the remaining £23k). However, the £576 from the council is then recovered from his pension (state and private) of around £300 per week plus a forfeiture of money from his remaining savings so the council is actually contributing less than £200 per week.
So, while he's 'self funding' he is subsidising the 'council funded' residents to the tune of £200 per week. Once he's so called 'council funded' he still spends every penny of his pension, continues to munch through his own savings and the family have to find £450 per month from their own savings. That's after he's spent 50 years of his 90 year life paying taxes, rates, NICs etc. Where's the fairness in all that?
Thanks.
TFP said:
If only someone other than you understood this bile.
You're an intellectual Pygmy.
It has already been pointed out very clearly by soneone in this thread that taking assets such as a house to pay for care is actually subsidising those that cannot pay.You're an intellectual Pygmy.
So, why are you still here?
It has been quite a helpful thread, except for your nasty bile.
egor110 said:
philv said:
It has already been pointed out very clearly by soneone in this thread that taking assets such as a house to pay for care is actually subsidising those that cannot pay.
So, why are you still here?
It has been quite a helpful thread, except for your nasty bile.
How so ?So, why are you still here?
It has been quite a helpful thread, except for your nasty bile.
You meet the managers in the decent homes and if your not self funded your simply not going to get a room .
At the very least, you are not scrounging off tne state as was unpleasantly put forward.
It comes from pension, family payments, etc.
So to try and protect family assets isn't exactly tne crime alledged above.
Edited by philv on Sunday 26th March 14:25
Edited by philv on Sunday 26th March 14:26
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