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How to save in care home fees?

Most of the people who move into care homes do not think about the care home fee before it is too late. Are these fees negotiable? If you are looking for a private residential home move or nursing home care, both are negotiable. But if the place you are looking for has a high demand or a long waiting list, negotiation is not possible.

How to negotiate?

For negotiation, one has to follow the step to get a good bargain.

a)      Identify the expected price range, in the area you are searching.

b)      Determine your needs and type of care required or special facilities required.

c)       Ask the concerned person to explain all the fees and potential costs, in the contract.

d)      Be friendly and negotiate what you want and for what price.

e)      If there is no negotiation in the price, consider any value, added for the extra price.

f)       If you feel that you do not get the value you look for, keep your options open for the next care home.

g)      Get to know about the paid and free services in the contract, before signing.

h)      Get help from an independent care fees specialist, if needed.

The care fees specialist can explain about the care funding and provide support and advice in comparing the care home cost.

Source: http://www.thisismoney.co.uk/money/pensions/article-2439946/Care-home-fees-How-negotiating-cut-costs.html

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