Social Care Cap

The more I think about it the more I honestly don't think the Government can fund the current social care proposal.

If there are 1m elderly people receiving full time care either in their own home or care home that's an average £800 per week per person = £800m a week = £42bn per year. Remember additional care money also has to spent on people with no assets and on non elderly care too.

The 1m are my guess of the number of people who have spent £86k on care already or will after say 3 years of care support.

Of course the numbers are growing all the time as people live longer, but are suffering more and more from dementia type conditions.

I know its unfair that people who have saved all their lives have to use them 100% and people who have saved nothing and not bought a property have everything paid for, but the current proposal looks unworkable, The recent change does feel like a big gift to people with significant assets, say over £300k.
 
It's quite a chilling example of how when things are in private hands they quickly become unaffordable for the Government to fund. Surely if we had an NHS Caring Service and these homes didn't need to make a profit, just break even, it would be a win all round.

Carers could get decent pay, care standards could be closely regulated, there could be a more streamlined approach with hospitals to avoid bed blocking and care home owners weren't lining their pockets with tax payers money.
 
The more I think about it the more I honestly don't think the Government can fund the current social care proposal.

If there are 1m elderly people receiving full time care either in their own home or care home that's an average £800 per week per person = £800m a week = £42bn per year. Remember additional care money also has to spent on people with no assets and on non elderly care too.

The 1m are my guess of the number of people who have spent £86k on care already or will after say 3 years of care support.

Of course the numbers are growing all the time as people live longer, but are suffering more and more from dementia type conditions.

I know its unfair that people who have saved all their lives have to use them 100% and people who have saved nothing and not bought a property have everything paid for, but the current proposal looks unworkable, The recent change does feel like a big gift to people with significant assets, say over £300k.
I bet we spend more than 42bn each year on our armed forces, I bet the vast majority of that money would be better spent on looking after our old people and NHS and social care services.

I have no idea how much we spend on ridiculous aircraft carriers and trident but I bet it is loads.
 
I bet we spend more than 42bn each year on our armed forces, I bet the vast majority of that money would be better spent on looking after our old people and NHS and social care services.

I have no idea how much we spend on ridiculous aircraft carriers and trident but I bet it is loads.

The Defence budget for 2021 was £50.6bn
 
The £42bn would be just part of the social care bill.

I think its correct to prioristise social care, but the bill is going to increase a lot and the so called dementia tax will not cover what has been promised. The social care bill has the feel of a populist piece of decision making. 99.9% of the general population will never even attempt to calculate if the NI contributions against the large amount of free care promised that previously had to be paid for.

I would have raised the the £86k limit. I prefer to give a promise and keep it.
 
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