Concern at Care Home Fees Sparks New Probe ; Elderly Pay Pounds 24,000 a Year - Five Times Average Mortgage
Evening Standard - London › June 29, 2004
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Summary
A MAJOR inquiry into the fees charged by residential care homes is announced today. The Office of Fair Trading (OFT) will mount the investigation into the Pounds 9billion industry after complaints from the Consumers' Association.
More than half a million people live in care homes, but there have long been suggestions that some are being exploited by unscrupulous operators.See the full content of this document
Extract
Concern at Care Home Fees Sparks New Probe ; Elderly Pay Pounds 24,000 a Year - Five Times Average Mortgage
Sources revealed the OFT will look at: . competition and choice; .
transparency of fees and extra . transparency of contracts and...See the full content of this document
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