Search results for ‘Subject term:"older people"’ Sort:
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Paying for care: personal sources of funding care
- Author:
- OLDMAN Christine
- Publisher:
- Joseph Rowntree Foundation
- Publication year:
- 1991
- Pagination:
- 36p.,tables,bibliog.
- Place of publication:
- York
Brings together research material, and identifies some of the gaps in knowledge which are holding up the debate on who should pay for care. Focuses on community care for elderly people, and the extent to which they can afford to pay for care. Looks at new ideas on funding care for this group, such as using housing equity.
Care options in retirement
- Authors:
- WALLACE Margaret, SPIERS Philip
- Publisher:
- Which?
- Publication year:
- 2008
- Pagination:
- 220p.
- Place of publication:
- London
This book describes the services available to older people and helps relatives identify the practicalities, such as what is available, how to arrange it, how to pay for it and where to get more information. It discusses the options and assessment, staying at home and funding care there, choosing housing, buying or renting, leases and tenancy agreements, finding and funding a care home and negotiating a fair contract.
Seniors housing annual review 2021
- Author:
- KNIGHT FRANK
- Publisher:
- Knight Frank
- Publication year:
- 2021
- Pagination:
- 17
- Place of publication:
- London
This report shares the findings of Knight Franks third annual Seniors Housing Operator Survey, based on data shared with them by leading operators. It examines the fundamentals of the private Senior Living market from the strong demographic landscape to sales and rental performance of the largest private operators. The data in this year’s review suggests that, while the pandemic had an impact on the sector, recovery has been swift. Investors are moving and diversifying across the residential investment space (PBSA, to PRS and into Seniors Housing). Investors view seniors housing as an extension of the residential investment market with differences around design, tenants, hospitality and services. We are seeing operators exploring what customers want with different financing options and tenures, with an emphasis on choice and flexibility. The findings of this review highlight the diverse sources of income – across different departments and timescales – with deferred management fees, rent, management and service charges, ground rents, care and wellness, and food and beverage all contributing. Operating costs, meanwhile, are dominated by staffing as operators, like in other sectors, are focusing on staff training and retention as a way of managing costs. The total capital committed to Seniors Housing in 2021 is £1.85bn. While a significant number of the 749,000 existing specialist seniors housing units in the UK are social housing for rent, future development will be driven by the private sector. We expect the number of specialist seniors housing units in the UK will grow by 9% over the next five years to just short of 820,000 units. There is a substantial pipeline for private Housing with Care schemes, offering increased levels of amenities, services and tenures. (Edited publisher abstract)
Using housing wealth and other assets to pay for care
- Author:
- CENTRE FOR POLICY ON AGEING
- Publisher:
- Centre for Policy on Ageing
- Publication year:
- 2014
- Pagination:
- 82
- Place of publication:
- London
A rapid review on using personal assets, including housing wealth, to pay for care. The literature reviewed covers: wealth overviews and the wealth lifecycle; wealth inequality; housing as wealth; releasing equity from housing wealth; attitudes to housing, wealth and the release of equity; inheritance; the relationship between health and wealth and the trade-off between home ownership and welfare provision; housing and wealth as contributors to the funding of long term care; and international and comparative studies. The review argues that older people would prefer not to use their hard won housing assets to pay for long term care but, given the unacceptability of a pooled system either from general taxation, a compulsory up-front 'insurance' premium on retirement or a 'death tax', a scheme to pay for long term care as the need arises becomes necessary. It concludes that the care cap and universal deferred payment scheme provisions of the Care Act 2014 may well be the most acceptable way forward. (Edited publisher abstract)
Viewpoint on downsizing for older people into specialist accommodation
- Author:
- SUTHERLAND Janet
- Publisher:
- DH Care Networks. Housing Learning and Improvement Network
- Publication year:
- 2011
- Pagination:
- 18p.
- Place of publication:
- London
This viewpoint makes the case for encouraging more housing providers to create attractive specialist schemes for older people, and for encouraging more people to move into them. This is the second of 2 viewpoints on downsizing; the first one provides a more general outline of the advantages both to individuals and society if more people were to downsize, and considers how to encourage and help people to do so. This viewpoint considers the challenges and the opportunities faced currently in delivering a programme of specialist accommodation, providing a wider range of new schemes to meet current and future needs, and of funding improvements to existing schemes. It particularly considers the following models of specialist housing: sheltered accommodation; Extra Care housing; and retirement villages. Issues regarding the affordability of care and support are also discussed, including the releasing of assets to fund care. The document concludes that the under provision of suitable housing for older people must be tackled urgently. Developers and house builders must be engaged with to ensure that they are fully aware of the market opportunity that 50% household growth in the retirement housing sector brings, and particularly to attract more in to provide for the middle and lower equity market.
Over the age limit
- Author:
- MARSHALL Tony
- Journal article citation:
- Roof, November 2009, pp.22-24.
- Publisher:
- Shelter
The implications of the rapidly ageing population for government housing strategy are discussed. The article asks whether the current provisions of independent living with home care, sheltered housing and residential care are fit for purposes, and what changes may have to made to existing sheltered housing.
Beset by obstacles: a review of Australian policy development to support ageing in place for people with intellectual disability
- Author:
- BIGBY Christine
- Journal article citation:
- Journal of Intellectual and Developmental Disability, 33(1), March 2008, pp.76-86.
- Publisher:
- Taylor and Francis
Australian government policy regards people with intellectual disability (ID) as citizens with equal rights, which means that they should have access to the same opportunities as the wider community. Ageing in place is central to aged care policy in Australia for the general population. This paper reviews policy to support the provision of similar opportunities to age in place for people with ID, and the reasons for its slow development. Due to lifestyle patterns earlier in the life course, many people with ID experience a mid-life disruption to their accommodation, and may live in a group home as they age or may move prematurely to residential aged care. The absence of mechanisms to adjust disability funding as needs change, and the existence of policy that denies residents in group homes access to community-based aged care, forces disability services to “go it alone” to support ageing in place. Despite a national priority to improve the interface between the disability and aged care sectors, administrative and funding characteristics continue to obstruct the development of implementation strategies to support ageing in place for people with ID, which remain at the stage of an exploration of the issues.
Means testing and the heterogeneity of housing assets: funding long-term care in Spain
- Authors:
- COSTA-FONT Joan, MARSCARILLA-MIRO Oscar, ELVIRA David
- Journal article citation:
- Social Policy and Administration, 40(5), October 2006, pp.543-559.
- Publisher:
- Wiley
The access to publicly funded long-term care (LTC) in Spain has been traditionally rationed through the use of means tests based on individuals' current income and needs. However, individuals' wealth, primarily housing assets, is progressively taken into account. Parallel to this feature, the responsibilities for the organization of LTC services have been devolved to region-states – autonomous communities (ACs), giving rise to some regional heterogeneity, though limited evidence has been reported on the underlying determinants. This paper examines the current role of housing assets in determining public and private funding for long-term care in Spain. Secondly, we present a qualitative and quantitative examination of the regional heterogeneity in the provision and public funding criteria determining eligibility for public support for LTC. Finally, we report survey evidence on the individual's willingness to sell (WTS) their housing assets in order to either totally or partially finance the access to LTC. Our findings suggest that housing assets are the main source of wealth accumulation at old age. Yet there is significant regional heterogeneity in the access to LTC resulting from regional differences in the means testing criteria. Progressively, all ACs are considering housing assets in their means testing criteria. Interestingly, individuals' willingness to sell their housing assets declines with age and is more common among less skilled and widowed individuals.
Performance monitoring and evaluation of services delivered through supporting people grant (SPG): guidance for local authorities
- Author:
- CAPEL Cherry
- Publisher:
- Wales. Welsh Assembly Government
- Publication year:
- 2005
- Pagination:
- 59p.
- Place of publication:
- Cardiff
The guidance is written with the intention of promoting and implementing robust monitoring and evaluation across Wales. It acknowledges however, the requirement to balance a cohesive monitoring process with local existing structures. The guidance addresses steady state or ongoing monitoring and evaluation processes designed to test performance. It is not intended to address initial review processes, but is intended to establish service specifications for legacy funded projects.
Guidance to local authorities on the arrangements for the implementation and administration of Supporting People in Wales
- Author:
- WALES. Welsh Assembly Government
- Publisher:
- Wales. Welsh Assembly Government
- Publication year:
- 2003
- Pagination:
- 220p.
- Place of publication:
- Cardiff
Supporting People is the new policy and funding framework for support services for people in supported and sheltered accommodation. In April 2003 Supporting People funds for the elderly and those receiving care services were transferred to the local authorities, to be administered by them as Supporting People Grant (SPG). The Welsh Assembly Government currently retains the Supporting People Revenue Grant (SPRG) scheme, which funds all other types of support service.