Paying for Care
At B&M Care, we understand that navigating care home fees and funding options can be overwhelming, so this page is here to make things easier for you. We strive to make the process of paying for care as straightforward as possible. We're here to support you and your family every step of the way. If you have any questions or need assistance, please don't hesitate to reach out.
On this page we have included everything you need to know about paying for care at B&M Care Homes. We also provide additional resources from trusted affiliates such as Eldercare Solutions and Symponia to provide impartial advice on what financial assistance is available to help you fund your care.
How Does Care Funding Work?
At B&M Care, we want you to fully understand how care funding works. That's why we've partnered with a trusted SOLLA Accredited Adviser, Nicky Cave of Eldercare Group, to provide you with valuable insights. In this short video Nicky explains various aspects of paying for care, including:
- How the current care funding system operates
- Potential State Benefits available, even for self-funders
- Practical implications of the £86,000 Care Cap
- Whether selling a property is a requirement for care payment
- The suitability of a Care Fees Annuity as a means to cover your fees
Funding Options at a B&M Care Home
At B&M Care we believe in offering true value for your money - our all-inclusive fees include bespoke care plans designed to suit your loved one’s individual needs. No hidden charges here!
We offer different funding options to make care accessible to a wide range of individuals, welcoming both self-funded residents and those funded by local authorities that include a 3rd party top-up fee to meet our weekly charges.
Every B&M care home provides pricing on a weekly basis, whether you're looking for respite, or long-term care (dementia and residential).
If a top-up fee is required, the local authority will collect the top-up directly from a separate 3rd party. If you are in the process of selling your house, it's important to have the necessary finances in place to cover the care fees during the sale.
Alternatively, you may consider a deferred payment scheme through Social Services. For more information about this option, please reach out to your local Social Services.
To ensure clarity, we provide a written contract along with a statement of our terms and conditions. These documents cover important aspects, including:
- The fee and what it covers
- Any additional chargeable services, if applicable
- The deposit amount required
- The notice period required before leaving
- Any charges that may apply after the resident's passing
Before admission into one of our homes, we do require confirmation that the fees can be met. We also ask for evidence of private payment capability for a minimum of 3-4 years.
Trial Period: We believe it's essential for you to have peace of mind when choosing our services. That's why we offer a trial period of 28 days. During this time, either party can terminate the contract by providing written notice after the initial 7 days. We will only end the contract during the trial period if we are unable to meet your specific needs.
What’s Included in Your Fees?
As part of our all-inclusive care experience, your fees also include:
Our B&M Care Homes are designed to be all-inclusive experiences, that feel just like home. Your fees will include your laundry, dining, and 24/7 personalised care. We make sure that you have what you want at all times, whether that’s a cup of tea in the morning or your favourites at dinner.
- All-encompassing care and support, including monthly care reviews
- A dedicated key worker assigned to each resident
- Personalised care planning tailored to your specific requirements
- All utilities and accommodation costs covered
- Access to all facilities within our home
- Enjoyment of our beautifully landscaped private gardens
activities and a vibrant lifestyle program
- WiFi internet access in communal areas
- Your laundry will be done as per your preference, and then folded and returned to your room.
Requirements For Admission
Before admission, we kindly ask you to provide the following information:
- Confirmation of the individual authorised to pay the fees
- Completion of the B&M Care Financial Questionnaire
- Contract signed by the authorised fee payer
- Copy of the 'Registration of Lasting Power of Attorney for Property and Financial Affairs (LPA) if applicable
- if an LPA is not in place at the time of the admission, we will require a written commitment from the Next of Kin (NOK) stating their willingness to cover the fees until the LPA is registered. Please note that registering an LPA can take up to 20 weeks. For more information, visit www.gov.uk/power-of-attorney
- Self-funding residents should provide evidence of sufficient capital assets to cover their fees.
Payment of Fees
Upon admission, a deposit of four weeks' fees in advance will be required. Subsequent fees should be paid one month in advance of the first day of each month. We accept payment via direct debit, and card payments can be made by the cardholder or a person holding LPA on the account. Card payments can be made through our Head Office, and there is no additional charge for this service.
Changes in Fees
To account for inflation and other predictable cost increases, we review our fees annually in April. The only other fee increases that may occur will be if you choose to move to a more expensive room, or if your care needs change.
Funding Status Changes
If during your stay your funding status changes and you are unable to meet the fee levels for your room, we may ask you to move to a less expensive room if one is available. We will not terminate your residency unless we can no longer meet your care needs.
When Funds Become Depleted
When a person’s funds are reaching the threshold of £23,250 it is the next of kin’s responsibility to notify the home manager. If you have any concerns about funding, you could take specialist financial advices as there may be options that you are unaware of.
We do recommend that you seek the advice of an independent financial advisor who can talk through all of your options when considering how to pay for care.
Additional Resources and Support
We understand that when choosing a care home for your loved one there is a lot to consider, as this is a very significant and often emotional decision. We want to make this as easy as possible for you, and understanding the complexities of funding is one of the first steps. If you would like additional information on this, the following providers have no links or contact with B&M Care, and they provide helpful, informative guidance:
· Adult Care Services - Financial Information Factsheet
· Age UK - Property and Paying For Residential Care
· Age UK also offer free advice on paying for care including applying for social care funding
We want you and your loved ones to have peace of mind when evaluating our care options. The dedicated teams in each of our homes are also always ready to answer any questions that you may have about our care fees, and any care fee planning queries you may have.