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 Wales from April 2011, the capital limit is £22,500.
In England, as from April
2011, 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:
