Chapter

Funding: paying for residential care for older people

Theresia Bäumker and Ann Netten

in Mental Health and Care Homes

Published on behalf of Oxford University Press

Published in print May 2011 | ISBN: 9780199593637
Published online February 2013 | e-ISBN: 9780191754722 | DOI: http://dx.doi.org/10.1093/med/9780199593637.003.0009
Funding: paying for residential care for older people

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This chapter reviews funding for residential and nursing home care for older people in the United Kingdom. Future demand for long-term care, and commensurate expenditure, are projected to rise substantially in the next decades with the significant growth in the number of very old people. The financing of long-term care has, and continues to be, an issue of considerable debate. One of the core issues relates to achieving an appropriate and equitable balance between public and private responsibility for funding. The authors first consider local authority funding and the nature of the eligibility criteria which targets this support, before discussing the National Health Service (NHS) as a relatively small but growing source of funding. The chapter then discusses private funding of care home places, such as spending down of assets including selling of homes, and concludes by offering a brief overview of the future of long-term care funding.

Chapter.  5948 words. 

Subjects: Psychiatry

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