£80k cap on social care?

[worrybutterfly]

Does anyone understand this? Is it £80k a year, or £80k in a lifetime?

Am I right in thinking that with this new policy once you've paid for £80k of care the government covers everything for you?

So even if you still have hundreds of thousands of pounds lefts in savings/housing, after spending the £80k they won't be touched?

Where has £80k come from?

Is this not unfair e.g. a house in the north is worth a lot less than a house in the south?

@MistySkiesAfterRain

It's was mentioned on BBC news this morning, and the Guardian article states: "funding will be used for social care costs once a patient reaches a costs cap, thought to be about £80,000"

There is also mention of the £23.5k savings limit being moved up to £100k. But I can't see any details on how these things work together.

It just seems like a really odd set up, which definitely doesn't work with the whole 'levelling up' we are meant to be working towards.

It's only the care component not the hotel cost so the figures are arbitrary.

It's a cap on health care, not the food and accommodation component which is the vast majority of care home costs.