As recent articles in The Daily Telegraph and The Daily Express highlight, new research from Prestige Nursing + Care has found the gap between pensioner income and care home costs has widened by 54% over the previous year. The annual fees for a room in a care home now average £28,666 across the UK, more than double the average pensioners’ income of £13,993. It leaves a shortfall of £14,666, placing untold pressure on individuals concerned about how they will cover this cost.
Even in the North East where care is cheapest, there remains a shortfall of more than £10,000 while in the South East this increases significantly to £17,526. The mismatch between incomes and costs leaves many with little choice but to sell their homes to cover this shortfall.
Previous Prestige Nursing + Care blogs have commented on the impact that council cuts have had on care funding over the last few years, having drastically reduced the number who are eligible for financial support. Liz Kendall, the shadow care minister, also expressed her concern on this matter during a speech in Ilford last week where she stated how cuts to social care are piling pressure on NHS hospitals and putting vulnerable people at risk.
Care at home can offer a viable alternative to residential care and can be used to assist elderly or disabled people with day to day tasks. Without this sort of support and assistance it could result in individuals having to move into a care home sooner. In essence, support at home can act as a preventative or delaying measure.