Making the numbers work
Paying for the care of your loved one is a big commitment and will require sound financial planning. Keep on top of this from the start to ensure fees are within your budget and there are no surprises later.
- Check the literature you receive includes fees. If they are not clear, then clarify this at the initial meeting.
- Confirm whether the fees listed are the total amount, whether they increase on a year-by-year basis, and if so, by how much.
- Check whether your loved one is entitled to governmental benefits or funding to assist in paying for the care.
- Explore whether the home has payment options, and if so, which one works for you.
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