You are here: Home - Uncategorized -

Care fees are ‘dearer than Eton’ but help is at hand

Written by:

One in four people questioned by Saga about the cost of long-term care for the elderly wrongly believe that the £25,000 cost of a year’s fees at the top school would be dearer than the same amount of time spent in a UK nursing home.

Saga’s study reveals particular confusion over NHS contributions to long-term care, and a third of respondents thought that the NHS will pay nothing towards the costs.

Owain Wright, head of care funding services for Saga, said: “If you are receiving your care in a nursing home then you will almost certainly be entitled to the nursing contribution, which can range from £2,080 to £6,916 a year.

“For those with complex and unstable medical conditions it is also possible that you may qualify to have all of your stay in a nursing medical home met by the NHS.”

He continued: “We often find that many people do not think about long-term care until they are faced with a relative who needs immediate care and this then comes as a shock.

“However, it is important to remember that there are many options available to people in this situation and they should never assume that they have to foot the entire bill themselves, because they simply do not.”

Related Posts


Tag Box




Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co... Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
Unemployment starts to rise after months of falls

The number of people out of work went up by 21,000 to 1.69 million between December and February, but the...