Social Services: Finance

(asked on 13th September 2021) - View Source

Question to the Department of Health and Social Care:

To ask Her Majesty's Government what tariff income formula they will use to calculate personal care funding entitlement for those with assets between £20,000 and £100,000 under the plans for England set out in Build Back Better: Our Plan for Health and Social Care, published on 7 September.


Answered by
Lord Kamall Portrait
Lord Kamall
This question was answered on 29th September 2021

The upper capital limit will increase from £23,250 to £100,000 and lower capital limit from £14,250 to £20,000. Anyone with assets between the capital limits will be expected to contribute towards the cost of their care from their income, but if that is not sufficient, they will contribute no more than 20% of their chargeable assets per year. Those with £20,000 or less will pay what they can afford from their income only, leaving their assets fully protected. These changes allow for an increase in number of people who benefit directly from state support in the social care system from around half to two thirds in the long term.

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