Funding solutions - Magenta
Solutions For Any Circumstance
Financed By a Local Authority
- You might be eligible for assistance with social care financing. Contact your local government for further information. They can provide you with more guidance.
- You will receive a Personal Budget if your council determines that you need assistance.
- Frequently, the Local Authority merely contributes money to pay for the necessities. You might want to upgrade your plan and cover some extra costs on your own. This is feasible, and many of our service users already do so.
Incapacity and Illness
- If you are between the ages of 16 and 64 and have a disability or health condition, you may be eligible to receive a Personal Independence Payment, which assists with additional expenses related to long-term illness or a handicap.
Paying directly
- With the use of direct payments, people can fund their own care and assistance using a personal budget. On the NHS Choices website, you may find more details on direct payments.
- You can choose how and when your money is spent on services and/or equipment that match your care needs thanks to direct payments. With your help, MCS can create a personal support plan that will guarantee your requirements are met.
Personal Finance
- Like a personal budget, but with additional sources that are provided to people with impairments staying at home (rather than in residential care).
- Those who have been determined to need care are given a personal budget. Since 2008, personal budgets have become accessible in England. You may choose to receive your personal budget as direct payments or as an individual service fund, depending on your preferences or circumstances.
Funds for Individual Services
- Your desired goals and the manner in which your preferred service provider will assist you in achieving them will be taken into consideration when creating your personal support plan.
- These are for people who either can't manage their personal budget or don't want to. You can choose a service provider to handle this for you, like Magenta Care Services. Your personal budget will then be held on your behalf by your selected service provider, but you retain control over how it is used.