In December, the Government announced it was scrapping plans to introduce a £72,500 cap on the amount a person can be charged for social care.

The cap was due to come into effect in 2020 under plans passed by the Coalition Government. It followed the Dilnot Commission, which in 2011 investigated how social care should be funded, recommending limiting the amount that an individual can be forced to pay.

The Commission proposed a cap of £35,000 but Coalition ministers decided the figure should be closer to £75,000.


So what does this mean for you?

Clarity is obviously needed on these issues. But until it becomes clear what the Government’s policy is going to be, it will remain the responsibility of the individual to fund their own adult social care. While some support may be available through your local authority, it’s likely that many of us will be expected to fund our own care.


And it’s likely that it will stay this way for the foreseeable future. The consultation process is not due to start for a while, and once it’s underway it’s likely it will take some time to complete and for the relevant legislation to be published following this.  For those in need of long-term care now, this is not good news. It means that any future changes this may come to pass are unlikely to benefit them.


Discussing care at June’s Retirement Café

Graham Duffy is Long Term Care Manager at Just, one of the UK’s leading providers of retirement financial solutions. With 25 years’ experience of care annuities and options for funding care, Graham is joining the panel at June’s Retirement Café to answer your questions on finding and funding care.

The Just website has some great content all about the cost of long term care and how it’s funded here. To ask your questions direct to Graham at The Retirement Café on Thursday 14th June, click here to register.