Care to be capped at £50k?

Posted on 19 May 2011

The cost of long term care plans could be capped at £50,000, meaning that those choosing a care home may no longer have to sell their houses to fund it.

Health secretary Andrew Lansley has appointed a commission of experts who are discussing the cap, reports the Daily Mail.

The publication understands that a £50,000 cap is the favoured option of the Commission on Funding of Care and Support.

After a person in long term care had paid the maximum £50,000, the state would subsidise the rest of the cost of care.

However, critics say that many choosing a care home would still be forced to sell up, as the price of care for a couple could reach £100,000. On the other hand, the knowledge of a cap would be likely to make it easier for people to save up the correct amount.

This follows news of a potential reformation of adult care law, after the Law Commission released guidance on adult social care which, if implemented, would ingrain prevention, wellbeing, information and advice within the law.

Posted by Toby Mynott

 

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