Financial assessment calculator
Overview
Financial assistance is strictly means-tested. If you are making an application for financial assistance to help reduce your care and support costs, the law requires you to declare your true financial circumstances. Failure to do so could render you or your representative liable to legal proceedings.
If you are using the financial assessment calculator to estimate if you will be eligible for any financial assistance and any assessed charge you may need to pay for your care – the calculated figure will only be an estimate.
This will only be as accurate as the information you are entering, therefore any incorrect and/or missing information will affect the calculation produced. The calculator should only be used as an indicative figure.
Once the verification of your submitted information has been completed, you will be contacted and provided with your finalised figures.
If you receive care provided by us; at home, in the community, or in a residential or nursing home, you will be asked to provide information about your individual financial circumstances to work out if, you qualify for any financial assistance and any assessed charge you need to pay for your care.
Adult Social Care (ASC) is a chargeable service, however, you may be eligible for some financial assistance from us which will be determined through a financial assessment means test.
This will be assessed on an individual basis following submission of your financial assessment information, and the online financial assessment calculator lets you do this for yourself – free, in confidence, and in your own time. Please note that this will be an estimated figure only based on the accuracy and completeness of information you enter. This will be verified by a Financial Assessment Officer on submission of the online financial assessment information.
What is the process?
Following your care act assessment, your social worker will send you the link to our online financial assessment calculator. You will have 28 days to complete the required information online and if we do not hear from you in this time, we will assume that you will pay in full for your care. If you submit the form after 28 days, we will reassess your contribution from the date care services started.
Please note: if you decline the financial assessment, we will assume that you are able to pay for the full cost of any services provided to you and will invoice you at the full cost accordingly. After this time, if you request a financial assessment and are eligible to receive any financial assistance from us, you will be charged your assessed charge from the date your care services started. If you refuse to comply with a residential financial assessment, you may be asked to make your own arrangements for your care.
