Department of Health and Social Care written question – answered on 21st March 2022.
Lord Lipsey
Labour
To ask Her Majesty's Government what estimate they have made of the additional cost to public expenditure of setting the proposed cap on care costs at £35,000, rather than the proposed level of £86,000.
Lord Kamall
The Parliamentary Under-Secretary for Health and Social Care
Lowering the cap from £86,000 to £35,000, while all other parameters remain unchanged, would double the estimated additional state spend for reform on older adults in 2027/28, when modelled in 2021/22 prices.
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