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Centre for Policy on Ageing | |
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Funding care
— how can each generation pay its fair share? | | Author(s) | Donald Hirsch, Philip Spiers |
| Corporate Author | Joseph Rowntree Foundation - JRF |
| Journal title | Viewpoint, 2501, March 2010 |
| Publisher | Joseph Rowntree Foundation - JRF, York, March 2010 |
| Pages | 8 pp (Ref: 2501) |
| Source | http://www.jrf.org.uk/sites/files/jrf/fairness-in-... |
| Keywords | Services ; Finance [care] ; Attitude ; Consumer ; Social policy. |
| Annotation | A new system of social care needs to share the cost equitably. This Viewpoint argues that this could be done through a two-track levy where each generation pays its own costs. An initial charge on inheritance would be gradually replaced by funds built up through extra National Insurance (NI) payments levied on younger age cohorts. The methods for funding suggested in the Green Paper 'Shaping the future of care together' (Cm 7673; TSO, 2009) are too complex, and are compared with recommendations made by the Wanless inquiry (2006) and the Joseph Rowntree Foundation (JRF) continuing care insurance option (1996). (RH) |
| Accession Number | CPA-100312001 E |
| Classmark | I: QC: DP: WY: TM2 |
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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