Care Fees Cap – Labours View:
Cameron’s elderly care costs con
Pensioners face paying £150,000 for their residential care before they hit the so-called ‘cap’ on care costs new analysis published by Labour today shows.
The average figure to be funded by pensioners is more than double the £72,000 which ministers have claimed.
Labour’s analysis also reveals that six out of seven elderly people will have died before they reach the ‘cap’.
The Government’s proposals were branded a ‘con’ by Labour’s Shadow Minister for Care and Older People, Liz Kendall. “Families deserve to be told the facts”, she added.
The ‘cap’ will be based on the standard rate local authorities pay for a bed in a care home in their area, not the actual amount self-funders are charged – which is much higher than the council rate.
In 2016/17- when the ‘cap’ is due to start- the average council rate for residential care is estimated to be £522 a week, but the average price of a care home bed will be £610 a week, and hundreds of pounds more in many areas. The difference between the council rate and what pensioners actually pay won’t count towards the ‘cap’.
Pensioners in care homes will also have to pay £230 a week for their ‘hotel and accommodation’ costs, which are counted separately from care costs, and which won’t count towards the ‘cap’.
When both these factors are taken into account, it will take almost 5 years for elderly people to hit the so-called cap- during which time they will have clocked up more than £150,000 for their actual residential care home bill.
Liz Kendall MP, Labour’s Shadow Minister for Care and Older People, said:
“David Cameron has repeatedly claimed that no-one will have to pay more than £72,000 to pay for their care, but this simply isn’t the case.
“On average, pensioners will have to pay more than twice this amount, and the vast majority will have died before they hit the so-called ‘cap’.
“David Cameron should be straight with elderly people about what they will really have to pay for their care. Families deserve to be told the facts, rather than being conned, so they can properly plan for the future, and not have the Government attempt to pull the wool over their eyes.”