Social Care Reform - Change is Happening
Social Care funding in England, is changing.
The aim of this initiative is to help to fund a new form of Social Care and to address its many financial challenges. This is not a new problem, but the Covid 19 pandemic has forced pressures upon our social care system, that were impossible to ignore.
Currently, the care funding system is means tested. It’s a rather complicated process and there are a number of caveats:
- If you need care before October 2023 and your assets are above £23,250, your local authority will not assist with your care costs.
- Only those with assets of less than £14,250 are currently eligible for full financial support.
- If you need to go into a care home, it may be that the value of your home will also be accounted for in the means test.
There are significant changes ahead, funded by an increase in National Insurance contributions:
- From October 2023, nobody in England will pay more than £86,000 over the course of their lifetime, towards the cost of their care.
- If you have assets of less than £20,000, you won’t have to pay anything towards the costs of your care.
- If you have assets in excess of £20,000 but less than £100,000, you will be eligible for some support, on a sliding scale. This has gone up from the previous cap of £23,250. Once the costs of care for an individual reach the £86,000 cap, the government will take over the cost of their care.
There are other points to consider:
- The cap figure of £86,000 will only cover the cost of a care home that the Local Authority (LA) is prepared to pay for. The LA would not need to pay for a more expensive one, even if that was considered to be more convenient. You can opt to pay the difference towards a preferable service – but these will not count towards the cap.
- If a person is in receipt of home care from a provider such as Home Instead, the LA would only cover costs of the number of hours of care that they think a person needs and at a figure that they are willing to pay.
- The £86,000 cap only applies to what the government refer to as ‘personal care’ costs. Care home meals and accommodation costs are often separate and additional.
Post 2023, the government is also pledging to provide better professional development to those in social care services, an idea which we wholeheartedly support and have believed in from the outset. Our training scheme is comprehensive and ongoing and a role with Home Instead offers the chance to develop a career with qualifications and options via our Personalised Career Pathways scheme.
If you would like help or advice regarding funding for home care services, please do not hesitate to contact us on 01395 200600. We are here to help.
Equally, if you are looking for a new and fulfilling role that offers the chance for flexible working in your local community, do get in touch. We are excited about the future, and we’d love you to be a part of it. Call our Recruitment Team now on 01395 200600 and discover why we are different.