Market Sustainability and Fair Cost of Care Fund
The government is implementing a wide-ranging and ambitious reform of adult social care. In December 2021 DHSC published a white paper, People at the Heart of Care, that outlined a 10-year vision that puts personalised care and support at the heart of adult social care, ensuring that people:
- have the choice, control and support they need to live independent lives
- can access outstanding quality and tailored care and support
- find adult social care fair and accessible
Implementation of the Market Sustainability and Fair Cost of Care Fund is one of the first steps in the journey to achieve this. The fund was announced on 16 December 2021. The primary purpose of the fund is to support local authorities to prepare their markets for reform, and support to move towards maintaining a sustainable local care provider market.
The government requires local authorities to start building strong foundations and prepare markets for wider charging reform and thereby increasing market sustainability. As a condition of receiving future funding, local authorities will need to evidence the work they are doing to prepare their markets and publish the outcome of the Fair Cost of Care exercise (Annex B) and submit to DHSC by 1st February 2023.
Please see the outcomes of the exercise for Kingston;
- Fair Cost of Care - Annex B 18+ Home care
- Fair Cost of Care - Annex B 65+ Care home
- Market sustainability plan
The local authorities are not required to implement the Market Sustainability and Fair Cost of Care exercise outcomes e.g. median rates published. Kingston Council has given due regards to and used this information for the future fee setting exercises e.g. annual uplifts in order to continually support the care provider sector and to maintain a sustainable care marketplace.