Pensioners face £150,000 LTC bill before govt help - Labour

The Telegraph reports the sum is more than double the £72,000 cap ministers have promised to introduce to limit the cost of care in old age. The report said in some parts of the country older people with assets of more than £23,000 would have to shell out as much as half a million pounds over ten years before the cap would apply. This due to the fact that "hotel and accommodation" costs are do not count towards the cap. Cost of living expenses such as food and utility bills are also not covered by the cap. The Telegraph said the figures, based on Freedom of Information requests, ...