25-02-2025
New scheme to help elderly residents with no funds
A NEW scheme has been launched by a care home that aims to ensure residents can remain in care even if private funds run out.
Bournemouth-based Luxurycare, which has 25 years of experience, has introduced the Home for Life scheme.
It's described as a pioneering initiative that guarantees long-term care security, even if a resident's private funds become exhausted.
For many families, the fear of running out of money means difficult decisions and uncertainty about future care.
With this scheme, residents who initially enter care on a privately funded basis (with the ability to cover at least three years of care fees) will continue to receive care within the Luxurycare group—even if their funds deplete.
Samantha Hoskins, managing director of Luxurycare, said: 'We understand the fear families face about care funding.
'Our Home for Life scheme removes uncertainty, offering residents the peace of mind that they will always receive high-quality care, regardless of financial changes."
Under this scheme, if a resident's funds become exhausted after three years, Luxurycare will liaise directly with the council to secure funding, ensuring a seamless transition without disruption to care.
