Long Term Care

Question 1

How many people were above the age of 65 in 2005

Answer 1

8m

Question 2

How many people will be above the age of 65 in 2025?

Answer 2

11m

Question 3

How many people will be over the age of 85 in 2025?

Answer 3

2m

Question 4

What act unified all the LTC legislation?

Answer 4

Care act 2014

Question 5

What 7 different settings can long-term care be provided?

Answer 5

Own home - domiciliary care
Sheltered housing/supported living
Care home
Care home with nursing
Hospital
Hospice
Other sources

Question 6

How many people in the UK considered themselves carers?

Answer 6

6m
2.1m for more than 20 hours a week.

Question 7

How much does a live in nurse cost?

Answer 7

£200 per day with higher costs for weekends and bank holidays
£70,000 per year average

Question 8

How much does a care assistant vister cost?

Answer 8

£30 per hour depending on where in the country
£50,000 per year average

Question 9

How much does a care home cost?

Answer 9

£600 per week in North West England
£850:per week in South East England

Question 10

How much does a nursing home cost each week?

Answer 10

North West england £900 per week
South East England £1200 per week

Question 11

What 2 types of care do the NHS offer?

Answer 11

NHS continuing healthcare
NHS funded nursing care

Question 12

When will NHS Continuing Care be implemented?

Answer 12

Primary health need but no space in hospital.
Needs tested.

Question 13

If a patient doesn’t qualify for NHS continuing care, how may they still receive support?

Answer 13

NHS funded nursing care (NHS FNC)

Question 14

What is the purpose of an assessment by the local authority?

Answer 14

To establish a person’s needs for care, not who will pay for them.

Question 15

What is single assessment framework (SAF)

Answer 15

The sharing of information between all relevant parties for care provision under NHS continuing healthcare.

Question 16

What happens for funding if a person does not qualify for NHS continuing care?

Answer 16

Pay for care themselves, or the local authority pays for them on means tested basis.

Question 17

How much capital can you hold before being expected to pay for your own care in England?

Answer 17

£14,250 lower
£23,250 upper pay for it all

Question 18

How much capital can you hold before being expected to pay for your own care in wales?

Answer 18

£50,000
£24,000 care at home

Question 19

How much capital can you hold before being expected to pay for your own care in Northern Ireland?

Answer 19

£14,250
£23,250 upper

Question 20

How much capital can you hold before being expected to pay for your own care in Scotland?

Answer 20

£20,250
£32,750 upper

Question 21

What is tariff income?

Answer 21

£1 per week for every £250 or part there of, of capital above the lower threshold

Question 22

What exceptions are there to capital in the capital threshold?

Answer 22

Insurance bonds and the home

Question 23

What will the cap on care home fees be in England in October 2025?

Answer 23

£86,000

Question 24

What will the cap on care not cover?

Answer 24

Care outside of the home.
Living costs such as food, electricity, accommodation.

Question 25

How much will need to be owned in assets before care costs can be taken from these?

Answer 25

£20,000

Question 26

What will people with assets between £20,000 and £100,000 be eligible for?

Answer 26

Means tested financial support on a sliding scale.

Question 27

Do you have to have capital to pay care costs?

Answer 27

No, if you have an income such as from a pension, this will be tested.

Question 28

What is the personal expense allowance?

Answer 28

The amount of income you can retain to pay for expenses before paying LTC cost. Stands at £28.25 per week in England.

Question 29

How much of your pension can be paid to your spouse at home?

Answer 29

50% Does not count for state pension.

Question 30

How is income from investments counted toward LTC means testing?

Answer 30

It's not because tarrif income is counted instead which is higher.

Question 31

When will a home escape means testing?

Answer 31

When receiving at home care. During the first 12 weeks of permanent care. When a spouse lives in the house. When an elderly, disabled, minor child of the care recipient, lone parent or former spouse lives in the house.

Question 32

What is a deffered payment arrangement?

Answer 32

Where the local authority pays for care and rolls up a debt against a house with an interest set by the government. This is repaid on death.

Question 33

What should be sort for a house owned as tenants in common in paying for LTC?

Answer 33

Specialist legal advice

Question 34

Are bonds used to check income means testing for LTC

Answer 34

The surender value isn't (clased as life protection), but any 5% withdrawals are counted towards income.

Question 35

What prevents people from putting all their money into a bond to prevent LTC costs?

Answer 35

Diliberate Asset Deprivation rules

Question 36

Who gets attendance allowance once in care?

Answer 36

Only self funded recipients. In Scotland, both lose as they pay the higher amount.

Question 37

What 10 ways can long-term care be self funded?

Answer 37

Investments Pensions Renting out a home Equity release Insurance based products Legacy long-term care bonds Immediate needs annuities Advanced Death benefits Critical Injury insurnce Viatical settlement

Question 38

How many failures of ADLs were required to pay out on cheap insurance plans and how many on expensive?

Answer 38

3 cheap 2 expensive

Question 39

What ADLs were covered for insurance

Answer 39

Eating Dressing Mobility Transferring Continence

Question 40

What is an immediate needs annuity? (INA)

Answer 40

A form of underwriten purchased life annuity Lump sum exchanged for income for life.

Question 41

How is INA taxed

Answer 41

Tax-free when paid directly to the care provider. Part return of capital that is tax-free to recipient. Balance is considered interest and taxed, usually 20%

Question 42

What should be considered with care costs?

Answer 42

Inflation runs very high.

Question 43

What are the titles for power of attorney in scotland?

Answer 43

General POA Continuing POA Welfare POA Joint continuing and welfare POA

Question 44

How much is NHS FNC in England?

Answer 44

£219.71 with legacy cases from before 2007 at £302.25

Question 45

How much is NHS FNC in Scotland

Answer 45

£95.50 per week to care recipients over 65 Personal care of £212.85 per week.

Question 46

How much is NHS FNC in Northern Ireland?

Answer 46

Up to £100 per week from local health and social care trusts. Depends on whether they are also funding other aspects of care.

Question 47

How much is NHS FNC paid in Wales

Answer 47

£184.32 Depending on health board Also has supplement for continence care.