Financial Assessment

A financial assessment will help the Council understand your financial situation.

They’re used to calculate:

• Whether you qualify to receive any money from the Council towards your care costs

• How much (if any) you can afford to contribute yourself

• Whether you are entitled to any additional benefits from the state

 

Please note: There are some circumstances and services that don’t require for you to have a financial assessment, including if you are a self-funder. Further information on Self Funders can be found below.

 

How Adult Social Care Financial Assessments Work

 

There’s a process the Council must follow before they can carry out a financial assessment.

 

First, you’ll have a needs assessment so they can identify:

• Your care needs (often referred to as ‘eligible needs’)

• What kind of care and support you need

 

Types of Financial Assessment

 

The type of financial assessment you’ll have, and the information you’ll need to supply to the Council, depends on whether you’ll be receiving care at home or in a residential home.

 

The two types of assessments are:

• Living at home/short stay in a care home

• Long-term stay in a care home

 

If the needs assessment identifies that you have eligible care and support and needs (as per the Care Act 2014), you will be asked to complete a financial assessment.

 

For further information on how to apply for a financial assessment, visit one of the websites, based on where you live:

 

http://www.northnorthants.gov.uk/arranging-care/get-social-care-help

http://www.westnorthants.gov.uk/paying-your-care/financial-assessments