Financing your Healthcare

FUNDING THAT YOU MAY BE ELIGIBLE TO RECEIVE

Attendance Allowance

• This is a tax-free benefit for people who are physically or mentally disabled who need someone to look after or supervise them.
• You have to have had care or supervision for at least 6 months before being eligible.
• You also need to be over 65 years old.
• The rate varies between £47.80 and £71.40 per week.

Claim straight away so that you do not lose out. THIS IS NOT MEANS TESTED.

Disability Living Allowance

• You may get this is if you are under 65 years of age.

Call the Benefit Enquiry Line for advice: 0800 882 200

State funding – paid for by local Councils

• If you have capital less that £14,250 (excluding your house) you can get full funding.
• This could be by Councils paying directly for your care or by Direct Payments, where you are given the money to sort out your care which ever way you want.
• If you have capital (excluding your house) under £23,250 but more than £14,250 you might get partial funding.
• If you have capital over £23,250 (excluding your house) you are known as a SELF FUNDER and have to pay for your care.

Independent Living Funds – paid by Central Government

This is to support people so that they can continue to live at home.

To be eligible you must :

• Be between 16 and 66 years of age.
• Receive the highest rate of Disability Allowance.
• Get at least £200 per week from your local authority.
• Have capital of £18,500 or less

For advice ring: 0845 601 8815

If you are seeking independent financial advice:

• Check the adviser has The Later Life Adviser Accreditation
• Ideally liaise with someone who belongs to SOLLA – The Society of Late Life Advisers
• We recommend Andrew Dixson-Smith of Care Fees Investment Ltd : 0845 077 5655

OTHER FINANCIAL TIPS

Free and Pre-Payment prescriptions – these are only for NHS prescriptions

• If you are over 65 your medication is free.
• If you have cancer you will receive medication free.
• If you receive a Pre-payment prescription you make considerable savings. Charge is £104 for 12 months.
• Telephone 0845 850 0030

Single Person Council Tax Allowance

If you live on your own you are automatically entitled to a “Sole Occupancy Discount” of 25% reduction in your Council tax.

Draycott Nursing and Care 5% discount

If you pay for your Nursing and Caring needs 3 months in advance you will receive a 5% reduction in your fees.

We do hope this has helped to put your mind a little to rest over the complicated fee deals.