The 'real cost' for care is £200k- Partnership

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The ‘real cost' for elderly care could be over £200,000 if government raises the care cap to £75,000, warns Partnership.

This warning comes amid rumours the coalition are planning to double the threshold from Andrew Dilnot's proposal of £35,000. Chris Horlick, managing director of care at Partnership said: "If the personal care cap is set at £75,000 few people going into residential care will be alive to benefit from it." People must meet all their general living expenses, hotel and personal social care costs before the cap kicks in. They will only receive help on the personal social care element up to the local authority rate. This is typically a third of total costs. Partnership estimates the avera...

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