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Financial assessment

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Definition

of

Financial assessment

Department of Health and Social Care

from

Adult social care charging reform: minimum viable product (MVP) software requirements specification

A financial assessment is carried out by local authorities to determine how much they should charge a person drawing on care to meet their eligible needs.
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Definition

of

Financial assessment

Focus Adult Social Work

from

NE Lincolnshire Council: Social Care Handbook

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You will be asked to give details of your financial circumstances to an officer for adult social care. These details will be used to work out your disposable income and the amount of money that you will have to pay.
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Plain English definition

of

Financial assessment

Think Local Act Personal

from

Think Local Act Personal (TLAP) Jargon Buster

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A discussion that your council may have with you to work out how much you can afford to pay towards the care and support you need. It involves looking at your income, savings and individual circumstances. This will take place after an assessment of your care and support needs.
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Financial assessment

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