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Cost of care


Banker
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This has become a hot topic every where, I thought IOM were looking at some sort of cost capping for care or did I dream it. It’s the old story if you have money they take everything, if you gave it away or spent it it’s free!!

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It is a difficult one, and some of the care homes are pretty poor value too. I think it boils down to the fact that we don't pay enough towards our healthcare and later life care, although not everyone gets to the point that they need it! For £155.00 a day you could check into the Sefton and ask a carer to pop around to see you. 

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8 minutes ago, Max Power said:

It is a difficult one, and some of the care homes are pretty poor value too. I think it boils down to the fact that we don't pay enough towards our healthcare and later life care, although not everyone gets to the point that they need it! For £155.00 a day you could check into the Sefton and ask a carer to pop around to see you. 

I think if you compare to the cost of a hotel, permanent 24/7 care and three meals its not a bad price. Its also pretty cheap compared to many homes across.

Yes care is expensive but if you look at it in context, it really isn't.

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15 minutes ago, jaymann said:

I think if you compare to the cost of a hotel, permanent 24/7 care and three meals its not a bad price. Its also pretty cheap compared to many homes across.

Yes care is expensive but if you look at it in context, it really isn't.

Agreed, especially when you do need more than just 2 x 30 minutes a day. 

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Bring granny/grandad home. Even paying for additional help would leave plenty left over at these prices. I looked after both parents at home at the end of their lives. It gave us, as a family far more than it took away. It’s such a shame that we’ve moved so far from how it once was and I do wish we could back to how it once was with grandparents still having an active roll in their own families rather than being institutionalised at great financial and emotional cost.  

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28 minutes ago, jaymann said:

I think if you compare to the cost of a hotel, permanent 24/7 care and three meals its not a bad price. Its also pretty cheap compared to many homes across.

Yes care is expensive but if you look at it in context, it really isn't.

Have you seen the food they serve, it probably costs c£5 tops per resident, I’ve visited relatives there & the rooms are nice but it’s not worth £155 per day . The staff aren’t that well paid & I’m sure they won’t be getting a 9% pay rises 

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Unfortunately seen this happen with a family member, short summary : Diagnosed with Dementia, sectioned under mental health act, deemed unfit to make their own decisions, forced to move into an approved care home specialising in Dementia care, total life savings wiped out within 2 years, I think it was once the savings hit 20k that the government started to step in, by that time they were dead anyway, but after funerals costs there was very little left, certainly not enough to pay for uni fees for the grandkids which is want they wished for.
 

The treatment at the care home was second to none, but the patients were like prisoners, not a single one made the decision to end up there, completely trapped in their own bodies with a failing mind. It was at that moment I said if I ever end up being diagnosed with Alzheimer’s/Dementia then I'll be shipping myself off to Switzerland to be put down, no way I could put my family through that.

The care home was around 1k a week, seemed expensive at the time but it was 24hr care, my advice to anyone is get rid of your money/assets, sign the house over to your kids/family with the clause that you can remain in the house/it can’t be sold whilst your still alive, obviously seek professional advice but don’t let everything you’ve saved up for in a life time be wiped out with a few years.

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I totally appreciate the fact thst there are facilities like the one in this post where essential care can be given to those who need. That said, I think the costs are beyond the point of being acceptable. I also like the concept that we as families, should look after our own but, this is sometimes not possible due to medical needs etc. 

I think one thing that really frustrates me is the fact that many of us who work and have worked all our lives, will have to pay for this care if needed at some point while others won't. A woman I know who has played the system for years, has never worked and payed in. She, will be able to have her essential care paid for by the government in the future if needed after never working, having 5 children who the state has paid for, and never paying in... Not really fair

Edited by Manxas
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2 minutes ago, Manxas said:

That said, I think the costs are beyond the point of being acceptable.

It costs ~£25 / hour to employ a carer down here, even if someone doesn't need lots of hands-on care staff must still be available. 

I agree about playing the system, it's unfair.

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1 hour ago, Banker said:

Have you seen the food they serve, it probably costs c£5 tops per resident, I’ve visited relatives there & the rooms are nice but it’s not worth £155 per day . The staff aren’t that well paid & I’m sure they won’t be getting a 9% pay rises 

You can't assume all homes are the same though.

This particular home had been charging particularly low (by industry standards on the Island) rates for residency, this is seen as a somewhat substantial increase from where they were. The truth is several care / nursing homes are now being very reluctant taking in new residents when there's cases around and it damages the business.

I'm not going to argue the 'moral' bit about private individuals paying for care because I get it, but it's a business. Governments want private funders to open and run the damn things, running with the risks that come with it. I can say with absolute knowledge that the biggest cost increase in running a care setting right now is insurance. A home that previously may have paid ~£10k/yr in liability insurance is now going to need to pay at least 10x if not 15x that figure. It's ridiculous. Ultimately that cost will be passed on to residents.

Edited by jaymann
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8 minutes ago, Annoymouse said:

Really? I assume that’s a live in carer?

 

Yes. But even an employee in a care home will cost a similar amount to employ once the overheads are taken into account.

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1 hour ago, Annoymouse said:

Unfortunately seen this happen with a family member, short summary : Diagnosed with Dementia, sectioned under mental health act, deemed unfit to make their own decisions, forced to move into an approved care home specialising in Dementia care, total life savings wiped out within 2 years, I think it was once the savings hit 20k that the government started to step in, by that time they were dead anyway, but after funerals costs there was very little left, certainly not enough to pay for uni fees for the grandkids which is want they wished for.
 

The treatment at the care home was second to none, but the patients were like prisoners, not a single one made the decision to end up there, completely trapped in their own bodies with a failing mind. It was at that moment I said if I ever end up being diagnosed with Alzheimer’s/Dementia then I'll be shipping myself off to Switzerland to be put down, no way I could put my family through that.

The care home was around 1k a week, seemed expensive at the time but it was 24hr care, my advice to anyone is get rid of your money/assets, sign the house over to your kids/family with the clause that you can remain in the house/it can’t be sold whilst your still alive, obviously seek professional advice but don’t let everything you’ve saved up for in a life time be wiped out with a few years.

Strange, if someone has been sectioned and then is discharged into care the Treasury pick up the tab without means testing. It’s called s115 care.

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