The farthest reaching proposals in more than a decade for the funding of long-term care for the elderly and disabled have met with a cautious government response , amid fears in Whitehall over the £1.7bn cost of the scheme. As the economist Andrew Dilnot received thanks in the Commons for his “immensely valuable contribution”, government sources expressed concerns about implementing the plans in full. “We genuinely like this report, which has clever and innovative ideas,” one senior government source said. “But it does come with a price tag.” The government raised concerns about the Dilnot commission after the former director of the Institute for Fiscal Studies outlined plans to overhaul the system for funding care. The commission set out a plan by which no one would have to pay more than 30% of their savings and assets towards meeting their needs. As well as the proposed cap, it suggested raising the limit on assets a person may hold while qualifying for state help from £23,250 to £100,000. People would still be liable for the costs of accommodation and food in a care home, but this would be limited to £10,000 a year. The package would add an initial £1.7bn a… Read full this story
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