Although the postponement of the long-term care cap has been badly received by the industry, the proposal to ensure local authorities provide loans to the elderly for the purposes of care has been broadly welcomed.
Today the government released its long-awaited white paper, Caring for our future: progress report on funding reform'. The paper meets many of the recommendations made by the Dilnot report released last July, including the recommendation that long-term care costs are capped. However, it said the government was considering cheaper options than the £35,000 cap recommended by the report and that it would make a decision on the amount at the next spending review. Among the options the government said it was looking at was raising the level of the cap - £75,000 has been suggested - or ...
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