Home Care Funding: A Clearer Future?

Home Care Funding: A Clearer Future?

The Commission on Funding of Care and Support which was set up in July 2010 as an independent body, to review the funding system for care and support in England, has submitted its final report.

In a letter to the Government which coincided with the report’s release, Andrew Dilnot, the Chairman for the Commission, outlined ‘a new partnership between the  individual and the state’.

The existing system for funding long term care is complex, difficult to navigate and subject to a means test, which often results in the spending of life savings or the sale of the family home to raise the money required.

In the light of this, the Commission has recommended the following changes:

  • The means test upper limit of eligibility for publicly funded care should be increased from the present £23,250 to £100,000
  • Where people have to pay for their own care this would be capped at £35,000, with a general living cost contribution of £10,000
  • Social Care assessments should be consistent across the country and portable when people move. Disability benefits should continue as they are now.

As everyone with over £100,000 worth of capital would have to contribute £35,000 towards their care and make a contribution towards their living costs, the report envisages new financial products that will enable people to save and plan for this potential expenditure in the future.

It is clear that if the recommendations are accepted, there will be major questions as to how they will be funded. The report does not shy away from pointing out that, historically social care has been under-funded and that the funding has failed to keep pace with demographic changes. The estimate for implementing the proposals is £1.7billion.

The report also suggests that this might be paid for through additional taxation, perhaps with a specific tax on those over State Pension age.

The report stresses repeatedly that the current system is perceived as unfair, that it is unnecessarily complex and in many ways, unsustainable. If you are a family member already caught in the maze of care funding, or about to become embroiled in it, our private client team are able to help guide you through.

Blog Posts

Would you let your child drink two coffees, each containing up to ten sugar cubes, before school every day?

30/08/2018

For any responsible parent, the answer is no - yet, tens of thousands of…

Read More
Upcoming Events

The Great Framlingham Sausage Festival

13/09/2018

Gotelee are proud to announce that we will be sponsoring the famous Great Framlingham…

Read More
News Posts

National Stress Awareness Day

07/11/2018

National stress awareness day is a countrywide campaign to highlight the impact that stress…

Read More

Testimonials

"Approachable, very efficient, always willing to take my calls and update me."

- SH

"We were very pleased to have Jade as our solicitor, the service was excellent and we felt kept in the loop which minimised stress"

- CT

"I have used Tracey Laflin at Gotelee on a number of occasions and in my opinion, she is simply the most efficient conveyancing solicitor I have ever worked with. From the outset, she took the time to understand my specific business requirements and to date, she has exceeded all of my expectations."

- Dale Fiddy - Portobello Developments Ltd

"I don't think this house sale would have pulled together without Jo's determination and expertise. Excellent!"

- MT

"Jade Shelton was absolutely fantastic!! Professional and proactive at all times."

- JH

"This is by far the go-to firm for any issues. You are made to feel valued from the outset and they are so confident in what they do. Wouldn't recommend any other. Thank you Hugh and Max."

- Ros Jones

"Domini was very fast and efficient in carrying out her work for me - she was also very good at explaining things to me"

-

"Prompt, helpful, polite and very professional service"

-

"The ease that we could access and speak to Pat Smith - Thank you"

-

"We found Rachel Dawson outstanding, polite, professional and caring."

-

Please select preferred method of contact

* We will only contact you by telephone if you select this as primary form of contact. All web enquiries will be stored on our website for 30 days.