Hi All. Its interesting when I was reading about the Social Care Levy funding and funding for reform, going to help pay for care, especially when I was looking at the House of Commons Library - Adult Social Care Funding (England) which was published almost a year ago on 17th January 2023; Here are key bullet points for all to read, just a slight read but interesting points!

Health and Social Care Levy and funding for reform, In September 2021, the Government announced plans to use £5.4 billion of revenue from a new Health and Social Care Levy to fund adult social care reform in England between 2022/23 and 2024/25. Of this, £3.6 billion was to be used to reform how people pay for adult social care (charging reforms).

In September 2022, the Government announced the cancellation of the Health and Social Care Levy. At the Autumn Statement 2022, delivered on 17 November, the Chancellor announced that implementation of the charging reforms, originally planned for October 2023, would be delayed by two years. He added that the funding allocated for the reforms would be maintained within local government.

Funding from 2023/24
At the Autumn Statement 2022, the Government said it would make available up to £2.8 billion in 2023/24 and £4.7 billion in 2024/25 to help support adult social care and hospital discharge. This included:

£1 billion of new grant funding in 2023/24 and £1.7 billion in 2024/25, comprising:
£600 million in 2023/24 and £1 billion in 2024/25 to help get people out of hospital and into care settings. The funding will be pooled as part of the Better Care Fund.
£400 million in 2023/24 and £680 million in 2024/25 which will be distributed through a grant ringfenced for adult social care (The Adult Social Care Market Sustainability and Improvement Fund).

Allocating funding for the now-delayed charging reforms through the Social Care Grant for adult and children’s social care (£1.3 billion in 2023/24 and £1.9 billion in 2024/25). The Social Care Grant will be worth £3.85 billion in total in 2023/24.Allowing local authorities to increase the adult social care precept by up to 2% per year in 2023/24 and 2024/25.
The additional funding was welcomed by stakeholders but concerns were raised that it was insufficient to address the issues in the sector.