The 86,000 cap is an annual limit on the amount of money that can be paid to an individual from public funds for their long-term care needs. The limit is set by the government and is reviewed every year. It is designed to ensure that people who need long-term care have access to the care they need, while also ensuring that public funds are used efficiently and effectively.
People who need long-term care can receive funding from a number of sources, including the government, private insurance, and personal savings. However, the86,000 cap limits the amount of public funds that can be used to pay for an individual’s care.
Individuals who have care needs that exceed the 86,000 cap may be required to pay for their own care, or they may be eligible for support from other sources, such as family, friends, or charitable organisations.
The 86,000 cap is an important part of the government’s strategy to reform the funding of long-term care in England. The government is currently consultation on a number of proposals to reform the long-term care system, and the 86,000 cap will be an important part of these discussions.