Find out the cost of live-in care, an alternative to residential care where you can stay independent in your own home in later life, whilst receiving the care you need.
If there is one thing that is completely clear about the future of the UK, it is that the population is ageing. Statistics show that in 2016 18% of the population was over 65 with over 1 in 3 people being elderly in some areas. The same study showed that by 2039, over 74 million people in the UK will be elderly.
Not every elderly person will need care in later life, but many will. Residential care homes are of course an option, but a Live-in Care Hub study showed that nearly 100% of people would prefer not to go into a residential care home if they became unwell or unable to care for themselves.
But that isn’t the only reason elderly care homes aren’t the answer to the increasing need for care. The fact of the matter is that there aren’t enough places to cater for everyone in need of care. There is an issue within the NHS whereby elderly patients are taking up beds when they could leave the hospital, but the staff are unable to place them in a suitable care home and so they have to remain in the hospital bed.
So what is the solution?
There is an alternative to residential care that can be favourable in costs compared to residential care. The same solution also enables the elderly to remain independent and safe in their own homes, and helps ease the demands for beds in residential care homes.
The solution is live-in care – sometimes also known as home care for the elderly.
Live-in care is where a trained carer lives with the person in need of care, providing them with adequate help to be as independent, safe, healthy and happy in their homes as possible.
The Cost Of Live-in Senior Care
When looking into elderly care, price is a huge part of the consideration so it is important to think about the costs of every kind of care. However, it is important to point out that live-in care can compare favourably to residential care.
Before you can get an idea of care costs you need to get a care assessment to help you understand the level of care that is needed. The cost of any care depends on how much support your family member needs. Some agencies charge by the hour and some charge on a weekly basis, depending on the services you require.
One thing that is clear is that the cost for live-in care for a couple cuts down the cost of care per person considerably in some cases so if for example, both your parents require care, a live-in carer looking after them both could be a really good financial decision.
The Next Step
With a care assessment, you can find out the level of care you need, enabling you to then get an idea of the costs of care. Senior care is an incredible option for later life independence and with the right information and planning, your loved one could remain happy in their own home receiving fantastic care in their golden years.