The Telegraph – The real reason why the middle classes pay 194pc more for care
Middle-class families who have to pay for their own care are not merely subsidising council-funded residents but becoming the sole source of care homes’ profits.
This means that previous calculations of the “self-funder tax” – the difference between fees paid by private residents and fees paid by councils – have been hugely underestimated.
Ray Hart, a director from Valuing Care Ltd, said: “Everyone points to councils’ underfunding of care home places, but the reality is different. The profit motive of these businesses is working its way into the system as well.”