So it's National Insurance then

[Re-sign Carl Dale]

The care home my mum is in it works out around 17 months, so we'll be at that point in about a month's time. be interesting to see this pans out now The home she is in is brilliant but obviously expensive.

Assuming that this idea is a re-invented version of changes proposed in 2015 (which it seems to be), the idea that no-one will pay more than £85,000 is a myth, unfortunately - but it's a great headline!

I'm an IFA specialising in retirement / later life planning, and the proposal seems to be along the lines of ...

Let's say someone's paying £60,000pa (which is about the rate for a good quality care home).

Firstly, £12-£14,000 of this £60,000 will be treated as 'hotel costs' (food and accommodation) so immediately only around £47,000 will be counted towards the 'cap'.

Secondly, the system needs to be set up to avoid it being abused ... if it's all fully paid for when someone hits the 'cap', then we there would be a clamour to book mum and dad the flashest, nicest - and most expensive care home possible. So the amount that counts toward the 'cap' will be a 'reasonable' one. This looks like it's based on what the local authority pay for their care homes; somewhere in the region of £35,000pa.

So, forget that someone's paying £60,000 - Boris reckons £35,000 is what's 'reasonable' to pay (although I've not met any self-funder able to get a half decent care home for anywhere near this), and we need to deduct £13,000 for hotel costs. Therefore of the £60,000 paid, only around £22,000 will only count to this £85,000 'cap'.

To hit the £85,000 'cap' on care, someone paying £60,000pa would need to have actually paid around four years (longer than the average spell in a care home incidentally) - so around £240,000.

After this point, Bozza will step in and pay what they feel is a reasonable element towards the 'care' cost (ie £22,000 per year of the £60,000).

I've got too much time on my hands ... bring back the football!!!

[Eric Cartman]

Assuming that this idea is a re-invented version of changes proposed in 2015 (which it seems to be), the idea that no-one will pay more than £85,000 is a myth, unfortunately - but it's a great headline!

I'm an IFA specialising in retirement / later life planning, and the proposal seems to be along the lines of ...

Let's say someone's paying £60,000pa (which is about the rate for a good quality care home).

Firstly, £12-£14,000 of this £60,000 will be treated as 'hotel costs' (food and accommodation) so immediately only around £47,000 will be counted towards the 'cap'.

Secondly, the system needs to be set up to avoid it being abused ... if it's all fully paid for when someone hits the 'cap', then we there would be a clamour to book mum and dad the flashest, nicest - and most expensive care home possible. So the amount that counts toward the 'cap' will be a 'reasonable' one. This looks like it's based on what the local authority pay for their care homes; somewhere in the region of £35,000pa.

So, forget that someone's paying £60,000 - Boris reckons £35,000 is what's 'reasonable' to pay (although I've not met any self-funder able to get a half decent care home for anywhere near this), and we need to deduct £13,000 for hotel costs. Therefore of the £60,000 paid, only around £22,000 will only count to this £85,000 'cap'.

To hit the £85,000 'cap' on care, someone paying £60,000pa would need to have actually paid around four years (longer than the average spell in a care home incidentally) - so around £240,000.

After this point, Bozza will step in and pay what they feel is a reasonable element towards the 'care' cost (ie £22,000 per year of the £60,000).

I've got too much time on my hands ... bring back the football!!!

That is really useful information and actually seems fairer to me than what the headline suggests.

[bluesp]

Assuming that this idea is a re-invented version of changes proposed in 2015 (which it seems to be), the idea that no-one will pay more than £85,000 is a myth, unfortunately - but it's a great headline!

I'm an IFA specialising in retirement / later life planning, and the proposal seems to be along the lines of ...

Let's say someone's paying £60,000pa (which is about the rate for a good quality care home).

Firstly, £12-£14,000 of this £60,000 will be treated as 'hotel costs' (food and accommodation) so immediately only around £47,000 will be counted towards the 'cap'.

Secondly, the system needs to be set up to avoid it being abused ... if it's all fully paid for when someone hits the 'cap', then we there would be a clamour to book mum and dad the flashest, nicest - and most expensive care home possible. So the amount that counts toward the 'cap' will be a 'reasonable' one. This looks like it's based on what the local authority pay for their care homes; somewhere in the region of £35,000pa.

So, forget that someone's paying £60,000 - Boris reckons £35,000 is what's 'reasonable' to pay (although I've not met any self-funder able to get a half decent care home for anywhere near this), and we need to deduct £13,000 for hotel costs. Therefore of the £60,000 paid, only around £22,000 will only count to this £85,000 'cap'.

To hit the £85,000 'cap' on care, someone paying £60,000pa would need to have actually paid around four years (longer than the average spell in a care home incidentally) - so around £240,000.

After this point, Bozza will step in and pay what they feel is a reasonable element towards the 'care' cost (ie £22,000 per year of the £60,000).

I've got too much time on my hands ... bring back the football!!!

Thank you for the explanation, as always with these things the devil is in the detail eh? It frightens me to think what kind of care we would get for £35,000 per year when we pay nearly double that. I don't know if you've had any experience dealing with Cardiff Council to help with care funding but bloody hell they are slow, still waiting for an assessment of my mum's needs after 6 months!