How will the Protection Funding work?
We know that our proposals will impact on any settings that currently receive the lump sum. The income level will be increased for all providers in relation to the 2.2% increase for all settings and possibly on population as well. Whilst there is no set
criteria it is likely to be calculated comparing income for 14/15 to 15/16 looking at the lump sum reduction and any increase of income on the hourly claims. Any reduction of funding to a maximum of £3000 for PVI and £6000 will be protected by 50%. More details will need to be confirmed once the formula is approved.