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Residential Care Costs

Volume 268: debated on Monday 11 December 1995

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To ask the Chancellor of the Exchequer what estimate he has made of the number of elderly people who will not now sell their homes to pay for long-term care. [4858]

[holding answer 8 December 1995]: Clearly the measures that my right hon. and learned Friend the Chancellor of the Exchequer announced in the Budget will benefit a large number of people. Raising to £16,000 the level of assets below which people can get some help for long-term care, and increasing to £10,000 the level below which they make no contribution at all, will help all those of modest means who need long-term care.