Cost Of Nursing Homes – We Can Help You


Cost of nursing homes care is close to the heart of many elderly people and their carers.  Care Fees Planning is a division of Protection and Investment Ltd and are specialists in cost of nursing homes

  • As financial advisors in elderly care, we are ready to help you.
  • Daniel Kasaska has been providing financial advice on cost of nursing homes since 1993.
  • Protection and Investment Ltd is totally independent and authorised and regulated by The Financial Services Authority (FSA) to give advice on that matter.
  • Daniel Kasaska is an accredited member of the Society of Later Life Advisers (SOLLA) in conjunction with the Financial Services Skills Council.
  • Symponia – Daniel Kasaska is a founder member of Symponia , a company formed to bring together specialists in paying for nursing home care and to provide ongoing training for members to ensure the highest standard of knowledge and advice on the cost of nursing homes. Symponia has a strict code of conduct for advice on paying for cost of nursing homes which we will be pleased to discuss with you
  • Professionals at protection and investment. We are happy to work with other experts such as your solicitor or accountant to ensure the proper paying for you.
  • It is important that if you have not already done so, you consult a solicitor to prepare an enduring power of attorney.
  • If you do not have a solicitor we work with a panel of solicitors and can provide you with details of solicitors in your area with suitable expertise.

Please use our contact page to get in touch or call the number at the top of the page to discuss your paying for cost of nursing homes care.

With the average cost of nursing homes varying to such an extreme that it is necessary to break the issue down into subsections. There are nursing homes, residential homes, dual registered homes and specialist Dementia care homes. The four different types cater for different needs and consequently will have different average costs.

Nursing Homes

Nursing homes will have facilities for personal care, but with an added dimension of medical care too. These homes will have their own qualified nurses, which obviously pushes the price up. Studies have been conducted to suggest what the average costs are for nursing homes. For a standard nursing home privately it would cost around 24,000 pounds annually. For partially private, it would be a little less, but still significantly pricey. There are nursing homes available which are at least partially state funded, but they are available only to those who truly cannot afford to pay for their own assisted living costs.

Residential Homes

Residential homes are a type of nursing home where personal care is provided, but without the need for expensive medical treatments. In these homes the costs are slightly less, but as they provide round the clock care, they are still expensive. Dependent on the area you live and the type of home you choose, the costs can be up to 50,000 p0unds per year. This is a significant impact on even well established retirement funds.

Dual Registered Homes

Dual registered homes are designed for elderly couples who want to stay together, but have different levels of medical needs. These establishments will often have a set number of beds which are marked as ‘residential’ and a set number for ‘nursing’. These are more complex to run, and must provide two levels of care, which does impact on price. However, it is difficult to get an ‘average’ for these kinds of establishments, as the costs will vary depending on the needs of the couple in question. Again, the costs will also vary depending on whether you are in private or partially private care.

Dementia Care Homes

The final type of nursing home is the dementia specific care home. These homes specialize in the care of people who have mental rather than physical impairment. This can include dementia, Alzheimer’s and a variety of other mental conditions. These establishments are quite expensive to run due to the level of care needed to ensure that the patients are monitored at all times. Due to the nature of these conditions, it is more likely that you can get state help. They should be able to perform an assessment on your relative to see if you are entitled to help in the costs of their care. The average costs of this care vary, but in the UK the average is around £25,000. In the US the figures are similar at around $50,000.

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