Capital Limits
When do you have to pay if you are not
eligible for NHS Continuing Healthcare?
When a person is placed
in a nursing home, they are financially assessed by the local
authority. If a person has savings which amount to more than the
upper capital limit (set out by the National Assistance (Assessment
of Resources) Regulations 1992 as amended), they have to pay the
full cost of their care home placement until their savings reduce
to that amount.
In England and Wales the
upper capital limit is £23,250. Savings of less than
£14,250 are ignored. A
person who is in between the capital limits will have to make a
contribution to their care costs on a tariff rate depending on how
much they exceed the minimum.
Your savings include any
money in bank and building society accounts, stocks and shares, and
property (land and buildings). Any joint ownership is counted
according to that person’s share.
Find out more on nursing care fees:
