What happens after the financial assessment?
We will calculate the maximum amount you may need to pay – this is called your maximum assessed weekly contribution. The actual amount you pay will depend on the cost of your care (your personal budget) in relation to your maximum assessed weekly contribution. You will pay either your maximum weekly contribution or the cost of your care, whichever is the lower amount.
We will send you:
- a copy of our calculations showing you how we have worked this out
- a form which you need to sign and return to us, declaring that the details are correct and that you agree to pay your assessed weekly contribution
- a statement of account every four weeks for your assessed contribution
If the financial assessment shows that you have savings and investments over the upper capital limit you will have to pay the full cost of any care services you receive.
Please note that if your care and support needs are being met with a direct payment, and your weekly contribution is assessed as being more than the value of your personal budget (the amount required to meet your care and support needs), your direct payment will cease and you will need to fund your care and support from your own resources.