People in residential care to keep more of their money

From next year people will be able to keep more of their money when in residential care. The Welsh Government’s five year plan, “Taking Wales Forward”, committed to more than doubling the capital limit used in charging for residential social care, from £24,000 to £50,000. This new limit will be implemented in phases, starting with an increase to £30,000 from April next year. The decision to phase implementation reflects feedback from local authorities and care home providers and is designed to ensure they have sufficient time to adapt to the changes. It also takes into account independent research commissioned by the Welsh Government to obtain up to date costings for implementing the change. From next April a full disregard of the War Disablement Pension (WDP) will also be introduced in all local authority financial assessments for charging for social care. 

 

Jeremy Miles AM said: ‘ I wholeheartedly welcome this first step in fulfilling Labour’s commitment to more than double the amount of money people can retain when in residential care to £50,000. Being in residential care can be extremely expensive, and this will leave people with more of their own capital to dispose of as they please.  

 

‘From next April there will also be a full disregard of the War Disablement Pension in all local authority financial assessments for charging for social care.  This change will ensure veterans who have been injured or disabled as a result of service in the Armed Forces, and are in receipt tis pension will not have to use them to pay for the cost of their care. This is excellent news for veterans who have given their all in defence of the country.’