Election 2010: Labour to cap residential care costs

It says: "...from 2014, the National Care Service will cap the costs of residential care so that everyone's homes and savings are protected from care charges after two years." The party says this will be paid for through the decision to freeze Inheritance Tax Thresholds until 2014-15, by a policy of encouraging more people over the State Pension Age to stay in work, and through "efficiencies across the NHS and the care system". The Manifesto has also announced the creation of a National Care Service, equating it with the National Health Service. It says: "...