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Metered rate
Definition
From:
Adult social care charging reform: minimum viable product (MVP) software requirements specification
The rate at which an individual's expenditure progresses towards the care cap. This will either be the amount they are charged towards the cost of meeting their eligible needs as set out in their PB (less DLCs if they are in residential care), or the costs set out in their IPB (less DLCs if they are in residential care). Also identified as 'rate of progress towards the cap'.
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