This blog was contributed by Barbara Limon, Policy Programme Manager – Consumer and Community.
Increasingly older people who are in receipt of funded social care are choosing to take this funding as direct payments, meaning they control the funds themselves. Whilst there are advantages of being in control in this way we’ve found that the process of managing the cash could be made easier for older people.
In our report ‘Direct payments for social care – options for managing the cash‘ we look at what some the issues are and have identified potential solutions. The report covers both the ‘traditional’ method of managing direct payments, via bank accounts, and at newer methods using prepaid cards.
Most of the problems we found are not new – they are simply the day to day difficulties which many older people experience in managing their money and paying for things. Solving the problems highlighted in the report would also solve many of the on-going difficulties older people have in relation to financial services. For example, Chip and PIN card technology has generally been considered a success, but the need to remember and type in a PIN can act as a barrier to independent use of payments. Continue reading