The cost of living in a Care Home Solihull care home varies greatly throughout the United Kingdom.
Your treatment cost is determined by where you live, the type of care you need, your savings and assets, and the care home provider.
Knowing the expenses and how much you’ll have to spend will help you make important decisions about your or a loved one’s treatment.
How much can residential and nursing home care cost?
You will have to pay for all the care home expenses yourself, depending on your savings and other assets. A financial evaluation, known as a means test, decides this. Following a needs assessment, the local authority performs a means evaluation.
The means test tests your financial condition to assess how much income and assets you have and how it would impact your care home costs.
The value of your house, private and state pensions, investments, and interest …