TEST COMMENTS
How much should you be paying for residential care?
Ray Hart is interviewed by Radio 4 You and Yours.
Listen to it here | 20 March 2017
BBC Radio 5 - Live Daily - 23rd February 2016
Download the full Adrian Chiles show here
Extract 2 - What is a fair price for care?BBC Radio 4 - You & Yours - 25th January 2016
How much should you be paying for residential care?
Ray Hart is interviewed by Radio 4 You and Yours.
Listen to it here | 20 March 2017
LocalGov - The Scrutiny of Foster Care Costs
The cost of fostering has been in the press recently as figures have been published stating that independent foster agencies (IFAs) are increasing the cost charged to local authorities for placing children with families.
According to one report the average weekly fee for council registered carers is £396, while it rises to a staggering £759 for IFAs; 92% higher. All of this embroiled against a backdrop of multi-million pounds dividends for investors and huge director salaries.
Such highly inflated fees give rise to one very important question; why aren’t foster care costs subject to the same level of scrutiny as other social care costs?
This experience has allowed the company to develop and refine its processes for surveying care providers and identifying the usual costs of care.
Valuing Care have used the collective intelligence from previous surveys to construct a range of cost models that calculate value for money rates for care services.
Valuing Care prides itself on its independence in the market and its objective approach to identifying usual costs. The Telegraph - Care Costs could decimate your assets
Care costs threaten to decimate the wealth that elderly people have spent their lives accumulating, but what are the options available to keep costs down?
The price of care has risen in recent years, thanks to a combination of short supply, care home operators struggling financially, and cuts to local authority budgets. An individual in need of nursing care can now expect to pay over £50,000 a year on average, if they have income and assets that exceed the £23,250 threshold above which care has to be self-funded.
According to healthcare research firm Lang & Buisson, the average fee for self-funded nursing care – which includes medical care from registered nurses – is £1,000 a week.