SJP’s protection expert, Tony Müdd, examines the details of the governments recently announced cap on social care costs and finds the numbers simply don't add up.
As many advisers will know in September the government issued its paper ‘Our Plan for Health & Social Care'. Within this paper, at least in respect of social care, the headline act was that "…the government will introduce a new £86,000 cap on the amount anyone in England will need to spend on their personal care over their lifetime." The paper talks about the fact that this will be "…a seismic change in the way we pay for care and that it will deliver a core recommendation of the independent Dilnot commission." I did wonder, when reading these words, whether the authors of this report w...
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