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PPP forecasts rise in means-testing level

Long-term care insurer PPP Lifetime Care says it is expecting a Government

White Paper on long-term care within the next two weeks.

PPP predicts the paper will come hot on the heels of the comprehensive

spending review which is expected before Parliament breaks for thesummer


The company says the paper is likely to look at four key areas, including

the level for means testing, interest-free loans for LTC, paying for

nursing care and paying for the first three months of care.

PPP expects the paper to outline plans to increase the threshold for means

testing from the current £16,000 level, which means those with capital

over this amount have to pay for care, to £48,000-£60,000. But

the company says even a £44,000 increase may not positively affect

enough people.

LTC marketing manager Paul Bennett says: “The level may have to be around

£100,000 to really benefit middle England. What I would like to see is

a system which is fair, one that does not punish people who have savings

and one which is consistent across the whole country.

“The system needs to pro- vide care for those who needit most and make it

clear topeople with assets that there is a role for private funding.”


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