CARE home bills are rising at their fastest rate on record; figures showed yesterday.
Annual costs for a care home place jumped 9.6 percent this year – nearly double last year’s 5.2 percent rise.
The average price paid by a pensioner is now a staggering £33,094, up £2,978 on the typical £30,926 paid in 2016.
Care Home Costs
The leap in costs has also outpaced the growth in pensioners’ incomes over a more extended period, according to the six-year study in the UK by homecare provider Prestige Nursing + Care.
Since 2012, the cost of the average care home has risen by 23.7 percent from £27,404 (an increase of £6,500), while the average pensioner’s income has increased by 9.9 percent from £13,208 (an increase of £1,314).
The average pensioner’s income would now pay for approximately just five months of care – despite research from Saga showing the average stay in a residential home is 2.5 years, at the cost of £84,760.
In total, the annual cost of a care home now equates to 133.5 percent of the average pensioner’s income, says the study, and many are left with no choice but to sell their homes to pay for their care.
Live In Care Office Opening Hours
Find Your Nearest Local Live In Care Centre Here
Frequently Asked Questions
What is live in care in Care-home-costs-rise-at-fastest-rate-on-record?
Live-in care in Care-home-costs-rise-at-fastest-rate-on-record is where you have a fully trained carer living with you in your own home. Your live-in carer from Live In Care (Living Carers Ltd) will support you with your specific care needs to keep you safe, comfortable and independent at home.
Contact us today to learn more.
How much does live-in care cost in Care-home-costs-rise-at-fastest-rate-on-record ?
The exact cost of your care will be dependent on your care needs; this will be confirmed once we have visited your home in Care-home-costs-rise-at-fastest-rate-on-record to conduct a no-obligation full care assessment.
Contact us today to learn more.
Why are we the leading live in care provider in Care-home-costs-rise-at-fastest-rate-on-record?
Live In Care Care-home-costs-rise-at-fastest-rate-on-record provides a friendly and professional service to connect you with the best live in care carers. If you are looking for a live-in carer at an affordable cost, then
contact us today.
What is expected of a live-in carer in Care-home-costs-rise-at-fastest-rate-on-record?
A live-in carer in Care-home-costs-rise-at-fastest-rate-on-record would ensure a person’s continued quality of life through the personal care duties performed including bathing, washing and dressing, and assisting with their personal and oral hygiene, toileting, and maintenance of their appearance.
