If you live in England, 3 threshold levels are considered:
|Asset value ||Care funding|
|Less than £14,250||If your assets have a value of less than £14,250, then you will not have to contribute to the cost of funding your care.|
|From £14,250 to £23,250||Between £14,250 and £23,250 then you will usually be required to pay £1 for every £250 of assets you own between the lower (£14,250) and upper (£23,250) limits.|
|More than £23,250||If your assets (including most savings and investments) exceed this amount, your local authority will consider you able to pay for care yourself.|
Assessment of your income – Before the financial assessment is carried out, it is important that you are claiming all of the benefits that you may be entitled to. If you fail to do this, means test will assume you are already in receipt of these benefits and could potentially lose out.
Companies like Veritas Care are defined by Care Quality Commission (CQC) as an introductory agency pursuant to the Health & Social Care Act 2008