August 29 2014 Latest news:
By CHRIS HILL
Monday, February 11, 2013
The government is today expected to announce a fundamental shake-up in the way care home costs for the elderly are paid for in future.
The amount which older people must pay for their care is set to be capped at £75,000 – more than double the £35,000 recommended by the independent Dilnot Commission.
Alongside the cap, health secretary Jeremy Hunt is expected to announce a large rise in the assets threshold beneath which people receive means-tested support to meet their care bills. Currently set at £23,250, that threshold is set to rise to £123,000.
Health minister Jeremy Hunt described the current situation as a “scandal” in which 30,000 to 40,000 people a year have to sell their houses to pay for their care costs.
But the National Pensioners Convention (NPC) said setting a lifetime cap on care costs of £75,000 would help just 10pc of those needing care, while the majority would still be left “to struggle on with a third rate service”.
How will the proposed reforms affect you and your family? Tell us what you think by contacting reporter Chris Hill on 01603 693892 or email@example.com.