Social care living costs will not count towards cap total, government reveals

Announced in early September, the social care funding reform, due to be implemented in October 2023, said that people with assets worth less than £20,000 will have their care costs fully covered by the government. This was capped at £86,000 for lifetime payments towards social care for individuals, the equivalent of around three years of care, while people with assets between £20,000 and £100,000 will be expected to contribute to the cost of care but will also be eligible for state support covering some of the costs, based on means testing. Under the newly-reveal plan details, the day...