Worried about paying for long-term care?

With the social care reforms delayed until 2025, what steps could you take to help fund care costs?

It is estimated that around two in five (41%)* people in residential care in England are ‘self-funders’ who are paying for long-term care fees themselves.

Many of these self-funders will have been disappointed by the announcement of the two year delay to social care reforms, part of which included the much talked about cap on care costs. The cap means that people would pay no more than £86,000 for their care. It’s important to highlight that this only relates to ‘personal care’ costs and does not include the hotel and accommodation element of any care fees, which people would still need to carry on paying, after they’d reached the personal care cap of £86,000. With the reforms pushed back until November 2025, the positive news is that there are steps you can take now to make sure that you’re paying your care fees in the most costeffective way, for as long as it’s needed.

Contact Carewise- care funding experts you can trust

The Carewise care funding scheme offers impartial information and advice to guide you through all the important decisions. The Carewise care fees specialists are independent financial advisers with specialist knowledge