The Tories’ pledge to introduce a cap on social care costs by 2020 has been officially abandoned.
David Cameron promised to bring in an upper limit of about £75,000 on the amount people must pay towards their own care.
This means the scandal of enormous care bills eating away at the hard-earned inheritance people were hoping to leave to their children will continue.
Ministers are also considering radical plans to encourage all workers to set aside a proportion of their wages each month to pay for their own future social care needs.
The scheme – similar to auto-enrolment for pensions – would effectively bring in an expectation that everyone should build up a personal care fund.
Chancellor Philip Hammond is understood to be looking at ways of asking these older people to pay more towards their care out of their accumulated wealth.
He is believed to think that, in the spirit of fairness, retirees should pay more, rather than asking younger people who cannot afford to buy a home to dig into their pockets.