“The change to the social care cap is regressive and runs counter to the government’s ambition of ‘levelling up’. To ensure those people with low to moderate assets are protected from catastrophic costs, the clause 155 change in the Health and Care Bill relating to the care cap should be removed from the Bill.
While it is true that the majority of people will be better off under the reformed system – which is being funded through the increase in National Insurance embodied in the Health and Social Care Levy – the main beneficiaries will be people with higher assets. The benefits for people with low to moderate assets will be marginal and this will be as a result of the changes to the means tests thresholds, not the introduction of the cap.”
Source: Kings Fund