LTC £75k cap is 'discriminatory', says charity adviser

Garry Macdonald, a guest on a BBC Moneybox Live show which aired yesterday on Radio 4, argued that the £75,000 cap, which will be implemented in 2017, discriminates against self-funders because it will only pay costs equivalent to the average in the recipient's borough. "[The government is effectively saying] we can provide care for you if you choose a place at the standard rate for a care home. If you choose a care home that is £100 more, that extra £100 will not count towards you reaching the cap," he said. The cap came in for more criticism when the panel began to discuss what it a...