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Dilnot 'regrets' decision to set social care cap at ?75,000
author of the report, said that although attention cap is much higher than the recommended acknowledges "serious condition" of public finances
The author of the independent report on the financing of social assistance, has said he regretted the government's decision to set the limit for the accounts of ? 75,000, but insists that movement will be at least half of retirees should be "terrified by the consequences of the need for care."
Health Secretary, Jeremy Hunt, is expected to announce Monday the cap on the cost of social care funded by freezing inheritance tax, the government will put an end to it called the "scandal" of people are forced to sell their homes to fund care. However, the ? 75,000 cap is more than double the ? 35,000 recommended by the Dilnot commission independent.
Andrew Dilnot, the chief economist of the government responsible for the review, said she understood the economic logic. "We told [the lid] must be between ? 25,000 and ? 50,000 in 2010-11 prices," he said today's program on BBC Radio 4.
- Dilnot said that health care costs must be "bound" on how to plan for retirement, adding that pensions could be increased to take account of the needs of care, while the inheritance could be reduced .
- "At the moment, many people are hoarding wealth rather poor because they are so preoccupied with the worst," he said. "One of my hopes for this system is that there will be lower in future inheritance because people, knowing that the worst is that it will now be able to start spending their money in their own lives instead of keeping just in case they need very closely. "
urged the government to reconsider the establishment of a "national system of health care paid for by general taxation," which "would be free at the time of delivery."