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Centre for Policy on Ageing | |
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Options for care funding
— what could be done now? | | Author(s) | Sue Collins |
| Corporate Author | Joseph Rowntree Foundation - JRF |
| Journal title | Solutions: lessons for policy and practice, 2345, March 2009 |
| Publisher | Joseph Rowntree Foundation - JRF, York, March 2009 |
| Pages | 8 pp |
| Source | Joseph Rowntree Foundation, The Homestead, 40 Water End, York YO30 6WP. http://www.jrf.org.uk |
| Keywords | Services ; Domiciliary services ; Nursing homes ; Care homes ; Long term ; Costs [care] ; Research Reviews. |
| Annotation | The current economic situation could cause the reform of the UK long-term care funding model to lose momentum. There is general agreement that the UK needs a new care funding system. This overview summarises evidence on the case for change, and outlines these sustainable methods of funding (and their costs): equity release; higher capital limits for care home fees; doubling the personal expenses allowance for people living in care homes; and restructuring help for people in nursing homes. It lists conclusions drawn by the Caring Choices coalition regarding who should pay for long-term care and how. This overview draws on the Joseph Rowntree Foundation (JRF) research from its 'Paying for long-term care' programme, summarised in 'Paying for long-term care: moving forward'. It also draws on the practical experience of the Joseph Rowntree Housing Trust (JRHT) on these solutions: a social insurance scheme; a bonds scheme; and a loan stock scheme. (RH). |
| Accession Number | CPA-090306001 A |
| Classmark | I: N: LHB: KW: 4Q: QDC: 3A:6KC |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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