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Oct 26, 2021 · On the eve of Chancellor Rishi Sunak's budget statement and government-wide spending review on Wednesday, the internal Treasury impact assessment warns that moving to Plan B would cost the economy between £11 billion and £18 billion in the period up until March 2022 — or more than £800 million per week.
- Alex Wickham
Dec 9, 2021 · How will these measures - which the government calls Plan B - affect an economy which is still recovering from the impact of previous waves? How well can the economy cope?
- Our Plan For Adult Social Care in England: Capping Adult Social Care Cost
- Summary
- Overview of The New Reforms
- Case Studies
On 7 September 2021, government set out its new plan for adult social care reform in England. This included a lifetime cap on the amount anyone in England will need to spend on their personal care, alongside a more generous means-test for local authority financial support. This document sets out further detail on the workings of the new charging re...
From October 2023, the government will introduce a new £86,000 cap on the amount anyone in England will need to spend on their personal care over their lifetime. In addition, the upper capital limit (UCL), the point at which people become eligible to receive some financial support from their local authority, will rise to £100,000 from the current £...
What the cap is
The cap on personal care costs will place a limit on the costs that people will need to spend to meet their eligible care and support needs. The term ‘personal care costs’ refers only to the components of any care package considered to be related to personal care, not hotel and accommodation costs (see the ‘Daily living costs’ section below). This will be based on what the cost of that package is or, in the case of self-funders, would be to the local authority if it were to meet the person’s...
The extended means test
The means test for financial support will continue to work in the same way as it does currently: it determines what someone can afford to contribute towards the costs of their care based on the amount of assets and income a person has. The table below illustrates how a local authority applies the charging rules to determine a person’s contribution. However, to help more people with the costs of their care and support, alongside the cap the reforms are also increasing the point at which a pers...
Introduction in October 2023
From October 2023, anyone assessed by a local authority as having eligible care and support needs, either new entrants or existing social care users, will begin to progress towards the cap. Costs accrued before October 2023 will not count towards the cap. To enable this, the local authority in whose area the person is ordinarily resident will start a care account, which is personalised to the individual and will monitor their progress towards the cap. Before the cap comes into effect, local a...
Case study: Yusuf
Yusuf is in his late 70s. He has lived on his own since his wife died from cancer 10 years ago. When she died, he downsized from their family home in Hastings to a smaller property worth £180,000. As a result, he has £70,000 in savings. Yusuf develops dementia, can no longer cope at home and needs to move into residential care. His underlying health is good and he ultimately spends 8 years living at the residential home. Yusuf’s care home costs £700 per week. Under the current system, Yusuf w...
Case study: Mary and Bob
Mary is a pensioner living in Burnley with her husband, Bob. Together, they own a home worth £90,000 and have joint savings of £10,000. They both worked hard throughout their lives, planned carefully for their retirement and have a joint weekly income from pensions of £470. Mary has dementia and receives care in their home, but Bob is her main carer. Sadly, after a year Bob suffers a severe stroke and both Bob and Mary need to enter residential care. Under the current system, if they both sta...
Dec 9, 2021 · What is Plan B? The government has brought back guidance to work from home if you can and extended the face mask rules to include most indoor venues, such as theatres and cinemas.
Dec 13, 2021 · Here we look at what Plan B consists of, why it is being implemented now and how effective it might be against the new variant.
- Lara Keay
- 3 min
Oct 20, 2021 · Plan B are measures the government set out to avoid a rise in Covid hospitalisations and deaths. In September ministers outlined steps to tackle Covid in the coming months, including details of...
People also ask
What is Plan B?
How much would moving to Plan B cost the economy?
Will England face a 'winter crisis' if Plan B is implemented?
Will Plan B 'buy US time'?
Are there plans to move to Plan B?
How did Plan B affect the pound?
Ministers have been resisting calls to switch to plan B, which would introduce compulsory masks, vaccine passports for large events and work-from-home guidance, because of a rise in infection...
