When it comes to caring for someone living with dementia, the challenges presented may seem endless. As care costs continue to rise, many families find paying for care privately impossible, so being able to identify the different funding options available that can help pay for care is crucial. In this blog post, we’ll outline some of the different funding options available.
Paying for care and support
Paying for care and support can seem daunting and prohibitively expensive, but it’s important to know your options. Certain care options, like home help or long-term residential care, can only be paid for with special tax breaks. This means it’s important to speak to an accountant if you’re considering these options.
There are a number of different ways to pay for dementia care, so it’s important to choose the right option for you and your loved ones. Options include direct payments from those living with dementia or using an insurance policy that covers dementia care. Additionally, there are a number of support groups and organisations available to help with the budget and care planning. So, don’t be afraid to ask for help – it might be the best decision for you and your loved ones.
How much does dementia care cost?
Dementia care can be expensive – weekly respite care, for example, can reach up to £1,500 – but there are several ways to receive financial assistance. For example, you may be able to receive support through a government funded scheme or private grant from charitable organisations. The cost of dementia care can also vary depending on the type of care you require and your loved ones’ needs. A consultation with a care advisor is essential in order to figure out what would work best for both of you.
The different funding options available for dementia care
There are a variety of funding options available for dementia care in the UK, so it’s important to research which one is best for you and your loved one. Choosing the right type of funding can make all the difference in securing quality dementia care, with options including private health care, social care funding, and charitable donations. It’s important to discuss all of your financing options with a specialist before making a decision. No matter which type of funding you choose, make sure you’re getting the best care possible for your loved one.
Learn more about paying for dementia care
No one should have to go through the experience of dementia care alone. There are a number of ways to receive financial help for care in the UK. Contact your local authority, health service, or charity for more information about available programs. Whatever the chosen option, it’s important to remember that financial assistance is only a small part of the overall care package. The best way to ensure that your loved one receives the care they need is to work together as a team.
We at Avante Care & Support in Kent will be delighted to provide you with affordable dementia care as well as all the support and advice you need to secure financial help. Simply get in touch with a member of the team today to discuss in detail.