Saga Homecare has welcomed Government plans to put a cap on the costs of care at £75,000, but said the reforms needed to be implemented sooner. The organisation's director Tim Pethick said:
Saving people from catastrophic costs of care is an important principle, as is the fairer sharing of cost between the individual and the state.
Changing the amount people can have before they pay all cost from GBP23,000 to GBP123,000 will be welcomed by many in middle Britain who have done the right thing and saved for their older age.
The disappointment comes in the delay in implementing the reforms. Action this day is what Britain needs.
The Government will set out plans for the long-term funding of social care in England. Find out how it will affect you and your family...
Elderly care bills are to be capped by the state in a £1 billion move expected to be funded by dragging more people into inheritance tax.