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Andy Love

£75,000 Cap Still “Too High” for Edmonton Pensioners, Says Andy Love MP

Home / News / Press Releases / £75,000 Cap Still “Too High” for Edmonton Pensioners, Says Andy Love MP

14 February 2013

The £75,000 cap on the amount Edmonton pensioners will have to pay towards care costs is still far too high, Andy Love MP warned today.

The warning comes days after the Government unveiled changes to the funding of social care in England, which has long been deemed unfair to pensioners who have had to sell their homes to pay for care costs.

Although the new measures include increasing the value at which assets can be means tested from £23,250 to £123,000, Mr Love says that the Government has missed a trick by watering down the recommendations of the Dilnot Report.

The 2011 report recommended that the cap be set at a rate between £25,000 and £50,000 to try and reduce the need for older people to lose everything they have to pay for their care.

There are currently 40,000 people per year being forced to sell their property to pay for care and the numbers look set to rise as the older population increases. In Enfield, more than 11% of the population are aged between 65 and 84, and 1,833 are aged 90 or more.

Andy said: “Though I’m glad that there is now a cap in place, social care remains a ticking timebomb and the Government needs to be bolder.

“The cost of care can range from £20,000 to more than £100,000 and, by ignoring Andrew Dilnot’s lower cap, I fear that this measure will only help a handful of people.”

He added: “While it’s a step in the right direction, it won’t take effect for many years and we really need action now to avert more problems down the line.”