The minister of state for care and support Norman Lamb has confirmed that the government plans to bring in a cap on the amount a person must contribute towards their care fees.
However, in an interview with the Telegraph, the MP for North Norfolk warned that the cap "does not remove all financial pressures", saying that people will be required to pay the costs of the residential element of living in a care home.
The limit is expected to be announced by the government in the coming month and was recommended by economist Andrew Dilnot in a report commissioned by the coalition. Despite Mr Dilnot's recommendation of a £35,000 cap, it is believed the limit that will be implemented will be around £75,000.
Ministers are also attempting to introduce a change to the current law that would see people allowed to defer the sale of their homes to pay for care until after their death.
Mr Lamb said: "No one will have to sell their home during their lifetime to pay for care."