Statement 7 Flashcards
Statement 7
‘Funding Services for Older People’
The Mixed Economy of Care
Health and Social care services are provided by a range of service providers from the four sectors:
- Statutory (public) sector
- Private sector
- Voluntary sector
- Informal sector
The Statutory Sector
This sector includes services which are provided by the NHS:
-Hospitals
-Nurses
-Psychologists
-Day Centres
-Community care
-Physiotherapists
Funding for this sector comes from:
•Taxes - through taxation by local government. This is distributed by the Department of Health.
•National Insurance
•Bequests (wills)
•Donations and fundraising from the public or community
•Payments from service users
The Private Sector
A private provider can be an individual or organisation running a business which offers health and/or social care services such as medical tests, holistic treatments, or home care services to individuals which are paid for in a range ways including private insurance, the persons own savings or by another organisation such as a Trust paying for the provision of a service to its patients/service users. This is in contrast to statutory provision which is mainly paid for by the government.
Examples of services in the private sector that an older person might use:
-Private residential care homes
-Private hospitals or clinics
-Home care providers
-Private practitioners
-Alternative therapies
Funding for this sector comes from:
•Direct payments from the service users - eg care home fees
•Direct payments from service user’s family members
•Private healthcare insurance
•Investors
•Donations
•Owner investment/ bank loans
•Bequests
The Voluntary Sector
Examples of voluntary organisations:
-Age NI
-Alzheimer’s Society
-Marie Curie Cancer Cure
-Bowel Cancer UK
-Crossroads Care
Funding for the voluntary sector comes from:
•The National Lottery - Voluntary organisations can submit applications for financial support
•Street collections - The public donate on the spot
•Bequests - People who have benefited from the service and may leave money in their will to the voluntary organisations
•Fundraising Events - Eg coffee mornings, marathons, sponsored walks etc
•Government Grants or Contracts - The government may provide funding from taxation as the service is seen as necessary and is supporting the work of the NHS
•Donations - Either online or directly from an individual
•Charity Shops - Goods are donated and sold to generate funds such as clothing, shoes household items etc
The Informal Sector (family/friends)
Funding for this sector may come from:
•Social Security Benefits - eg Carer’s Allowance
•Family income
•Service user’s own money - savings
•Carer’s own income
