Social care costs ‘should be capped at £35,000’
By Nick Triggle
Health correspondent, BBC News
Social care costs in England should be capped so people do not face losing large chunks of their assets, a independent review says.
Council-funded home help and care home places for the elderly and adults with disabilities are currently only offered to those with under £23,250 of assets.
The Dilnot report said the threshold should rise to £100,000 and a £35,000 lifetime cap on costs would be “fair”.
But the Treasury is known to have doubts about the expense of the plans.
By KIM BRISCOE Monday, July 4, 2011
6.08 AM
Dementia patients receiving hospital treatment are being offered fresh hope with the launch of a £450,000 community scheme to help them go home sooner and safely.
Commission will suggest fund-raising changes allowing local authorities to lend money against the value of property
Local councils are poised to take on a major financial services role under proposed reforms to be unveiled on Monday of the funding system for the care of elderly and disabled people.
Under the scheme, local authorities will be empowered to make a loan at a preferential rate against the value of a property owned by someone entering a care home. The loan would be redeemed on the sale of the property after the person dies.
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