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How to Pay for Elderly Assistive Technology: Funding Options

Writer's picture: Jada PokuJada Poku


Completing daily tasks can become more challenging as we age. But there is help available. Assistive technology can make a massive difference in older adults’ lives, helping them live more independently and comfortably in their homes. The good news is that several funding options are available to make these technologies more affordable. Our latest blog post explores VAT exemption, pension credit, NHS funding, and more. By working closely with healthcare professionals and assistive technology suppliers, you can find a way to provide your loved one with the care and support they need. Don't let financial concerns hold you back from giving your loved one the care they deserve. Learn more about funding options for elderly assistive technology in the UK today.


Are you struggling to find ways to pay for elderly assistive technology? Don't worry, we've got you covered! Our article outlines multiple funding options, including VAT exemption, pension credit, and NHS funding. Discover how you can afford the technology your loved ones need to live more comfortably and independently.




Are you struggling to find ways to pay for elderly assistive technology? Don't worry, we've got you covered! Our article outlines multiple funding options, including VAT exemption, pension credit, and NHS funding. Discover how you can afford the technology your loved ones need to live more comfortably and independently. Read now!



As our loved ones age, we want to provide them with the best care possible. One of the ways we can do this is through assistive technology, which can help them live more independently our loved ones age. We want to provide them with the best care possible. One of the ways we can do this is through assistive technology, which can help them live more independently and comfortably in their own homes. However, the cost of these technologies can be a barrier for many families.


Local Authorities

Your local authority may be able to provide funding for assistive technology through the Adult Social Care department. This department supports vulnerable adults, including those who need assistive technology to live independently. To qualify for funding, your loved one must undergo an assessment by the Adult Social Care department, which will determine their level of need.


NHS

The NHS may also be able to provide funding for assistive technology. This can include devices such as mobility aids, hearing aids, and communication aids. To access this funding, your loved one must be referred to an occupational therapist or speech and language therapist, who can assess their needs and recommend appropriate technologies.


Charities

Several charities provide grants for assistive technology. These charities typically focus on specific conditions or requirements, such as visual impairment or hearing loss. Some examples of charities that provide funding for assistive technology include the RNIB, Action on Hearing Loss, and the Disabled Living Foundation.


VAT Exemption

Some assistive technologies are exempt from VAT. This means that you can purchase them without paying the 20% VAT tax. To qualify for VAT exemption, the device must be specifically designed for use by disabled people, and must be used for their personal or domestic use.


Pension Credit

If your loved one receives Pension Credit, they may also be eligible for financial assistance to pay for assistive technology. Pension Credit is a means-tested benefit that provides extra money to people who are on a low income. Contact the Department for Work and Pensions to find out if your loved one qualifies for Pension Credit.


It’s understandable to feel overwhelmed when faced with the prospect of paying for elderly assistive technology. However, it's important to remember that these technologies can make a massive difference in the lives of our loved ones, giving them greater independence, safety, and peace of mind. You can find a way to make these technologies more affordable by exploring funding options.


When speaking with your loved one about assistive technology, it's essential to approach the conversation with empathy and understanding. Many older adults may feel hesitant about using new technology or embarrassed about needing assistance. Reassure them that these technologies are designed to make their lives easier and more comfortable and that you want to support them in any way possible.


It's also worth noting that assistive technology can be an investment that pays off in the long run. By allowing your loved one to live more independently and safely, you may be able to avoid costly expenses such as hospitalisations or nursing home care. In this sense, investing in assistive technology can save you money in the long term.


Overall, several funding options are available in the UK to help pay for elderly assistive technology. By taking the time to research these options and approach the conversation with empathy and understanding, you can find a way to provide your loved one with the care they need and deserve.






What is elderly assistive technology?

Elderly assistive technology refers to devices and tools designed to help older adults live more independently and comfortably in their homes. Examples of assistive technology include mobility aids, hearing aids, communication aids, and home automation systems.



How much does assistive technology cost?

The cost of assistive technology can vary widely depending on the type of device and the level of sophistication. Some devices, such as simple mobility aids, can be relatively inexpensive, while others, such as home automation systems, can be quite costly. However, several funding options are available to help make these technologies more affordable.


Who is eligible for funding for assistive technology?

Eligibility for funding for assistive technology depends on the specific funding source. Generally, funding is available for people with disabilities, chronic illnesses, or age-related conditions that affect their ability to live independently.


How can I apply for funding for assistive technology?

The application process for funding for assistive technology will depend on the specific funding source. Generally, you will need to undergo an assessment by a healthcare professional or social worker to determine your level of need. From there, you can apply for funding through the relevant funding agency or charity.


What are some common funding sources for assistive technology?

Some common funding sources for assistive technology include local authorities, the NHS, charities, VAT exemption, and Pension Credit. By exploring these funding options, you can find a way to make assistive technology more affordable for your loved one.


How can I choose the right assistive technology for my loved one?

Choosing the right assistive technology for your loved one will depend on their specific needs and preferences. It's important to involve them in the decision-making process and to work closely with healthcare professionals and assistive technology suppliers to find a suitable device for their needs.


Remember, funding options are available to help make assistive technology more affordable for your loved one. By taking the time to research these options and work closely with healthcare professionals and assistive technology suppliers, you can find a way to provide your loved one with the care and support they need to live independently and comfortably.



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