Minister outlines social care funding plans
Plans to change the way social care in England is funded represents a "new era of support for the elderly and disabled", Health Secretary Jeremy Hunt has told MPs.
The government plans to cap the amount people will have to pay for their personal care at £75,000.
The threshold for assets held by a person before they have to start paying for their own basic nursing care will also be raised from £23,250 to £123,000.
Mr Hunt said the cap will give people "greater peace of mind", as he set out the plans in the Commons on 11 February 2013.
Labour said the proposals were "modest" and claimed the health secretary had "missed an opportunity" to reform the current system more radically.
The government's plans are in response to recommendations by economist Andrew Dilnot, who was commissioned to research proposals for funding personal care.
Dilnot had recommended setting a cap for costs at between £25,000 and £50,000.
Mr Hunt told the Commons: "These plans will give certainty and peace of mind about the cost of care, making sure we can all get the support we need without facing unlimited costs, whilst also ensuring the most support goes to those with the greatest need."
He dismissed Labour's objections to the plans, saying in 13 years in office they failed to tackle the problem.