If we believe that your relative is not eligible for NHS Continuing Healthcare Funding, they will have to pay for their own care – depending on the amount of assets they have.
However, remember that your relative is eligible for a reassessment at any time if their healthcare requirements have changed. We will normally keep in touch with you if they are initially ineligible for funding, so that we can advise you on your changing eligibility in the future.
Until then, if you currently have assets over £23,250 (excluding your property if your spouse or other dependant is living in the property) then you will have to pay for your care.
If your assets are below the £23,250 threshold, then the Local Authority will pay for your care and is obliged to find you accommodation in one of their care homes. (You will still have to pay some costs if your assets are between £14,250 and £23,250 – see our FREE Guide for more detail).
If you have to pay for your own care, there are a number of options open to you in terms of the care or residential home you choose and you may benefit from specialist financial advice through Farley Dwek Financial Services* to help you plan for the costs of your care.
*- Farley Dwek Financial Planning is a trading style of Cheetham Jackson JV LLP, who are an appointed representative of Cheetham Jackson Ltd, authorised and regulated by the Financial Conduct Authority (FCA). Registered Address: 14-16 St Thomas’s Road, Chorley PR7 1HR. Registered in England & Wales number 7071622.
Get in touch if you require for more information.