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That requirement exists already in Northern Ireland. Edit to pay for care and starts at a lot less than a million pound house.
I like to see a private care home insurance I can build up, but according to gocompare that no longer exists.
That way I can leave some inheritance but also pay my fair share.
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The million pound bit was arbitrary. In England at present if you live alone and have if your capital is above £23,250 you pay, so basically all home owners. You can of course have a deferred payment agreement so yo don't pay until later but we are back to paying if you are unfortunate and need care rather than based on wealth. An OAP with a £100,000 home may 'spend' all of that on care while one with a £750,000 home contributes nothing.
We pay for social care for people without assets, the requirement to contribute is only if you have a lot of wealth. If you have an outstanding tax bill that can be taken off and if that means you are broke then you don't pay like now.
Right now if you own a million pound home you are left alone unless you get sick. I want all owners of million pound homes to contribute equally, regardless of their health good or bad fortune.