How Much Does Live-in Care Cost?
Typically Between £920 - £995 per week
Read on for a more comprehensive guide to the cost of live-in care...
The cost of Live-in Care
There are two elements to paying for Live-in Care arranged through a recruitment agency such as Access Care: A payment to the Carer and a payment to the agency for our recruitment service.
Paying your Live-in Carer
Most Carers will ask for payment either weekly or fortnightly in arrears by direct transfer into their bank account. Carers are 'self-employed' and therefore will inform us of the fee they work for. We will agree this fee with you prior to their introduction. Before we introduce your chosen Carer, we will ensure you are both happy with the payment terms.
Paying Access Care
We are a recruitment agency and therefore charge for our recruitment services. We have a one-off Registration Fee when you first join Access Care:
· Registration Fee £120 +VAT
We then charge for our recruitment services. There are a couple of ways you can pay for our service. You can pay us a daily 'Agency Fee' which retains our recruitment services, so we are there as and when you need us. For our permanent long-term clients this is fixed fee.
Should you wish, you can pay a one-off fee once we find your ideal Carer for you (like the majority of other recruitment agencies which is a 18% of the Carer's annual salary). We call this our 'Permanent Engagement Fee' and it is dependent on the Carers salary. You can ask us for a quote at any time during your contract with us and we can help you decide which is the best route for you.
For people that are looking for short-term care we have a separate fee structure. We charge a little more of an agency fee and we offer a reduction in rates the more you book with us so eventually you'll become one of our loyal customers on a long-term rate (as listed above), even if you use us sporadically. Please call us for a full breakdown of short-term costs.
We do not profess to be financial experts but can suggest several specialists who will offer impartial advice so you can weigh up all the options presented to you. There are financial advisors that specialise in helping people with care planning.
It is always worth exploring if there is funding available from the social services department of your local council. In order from them to assess eligibility they would firstly perform a Care Needs Assessment. Your social service is under obligation to perform this assessment for you regardless of income or savings. Should you care needs be eligible the next step would be a means-tested Financial Assessment to see if you qualify for any state funding. NB If you’re arranging care in your own home, the value of your home isn’t included in the financial assessment.
Immediate Care Plans – ICP
Upon the purchase a ‘plan’ with a lump sum (the cost of which is calculated individually based on health and age), the ‘plan’ then pays an agreed amount at regular intervals to the care provider as long as necessary.
A way for people over 55 years old to unlock the value of their property that turn it into a lump sum that can then be used to fund the necessary care.
For people over the state pension age who need help with the cost of having someone to look after them and have a physical or mental disability. It is not means-tested and tax free.
The Personal Independent Payment - PIP
For people aged over 16 and under the state pension age. The level of financial support depends on how the condition effects everyday living, not on the condition itself. It is not means-tested and tax free.
For people that are diagnosed with a ‘severe mental impairment’ (SMI), which those living with dementia (including) Alzheimer’s may well be, there will be a reduction or exemption from paying council tax. If you live alone and have a SMI you could be completely exempt.
NHS Continuing Healthcare (CHC)
For people who are assessed as having a primary health need from a long-term complex health need, are over 18 and need care to meet needs that have arisen as a result of an accident, disability or illness. It is arranged and funded solely by the NHS.
The Cost of Live-in Care For Couples:
Far more cost effective than a care home
In a care home you’re paying for two beds, often two rooms. With live-in care the cost is just for one live-in carer who can often care for both parents. For a couple then, residential care home prices can be around £2,000 per week (based on the average cost in 2018 per person). For a live-in carer for a couple our prices range from £990-£1130 per week.
We provide live-in Carers across the country to couples and especially for people's parents who want to live together, in their own home, retaining their independence but just in need of a little extra help to do so.