| |
Centre for Policy on Ageing | |
 | |
|
Unlocking the potential
— [on cover]: 'We need a step-change in the way people plan for social care' | | Author(s) | Les Mayhew, Duncan O'Leary |
| Corporate Author | Demos |
| Publisher | Demos, London, 2014 |
| Pages | 111 pp |
| Source | Demos, Magdalen House, 136 Tooley Street, London SE1 2TU. E-mail: hello@demos.co.uk Website: www.demos.co.uk |
| Keywords | Services ; Social Services Departments ; Finance [care] ; Social policy ; England. |
| Annotation | The passage through Parliament of the Care and Support Bill marks a watershed moment in the history of social care funding in England. For the first time, the costs of social care will be capped for each individual, but with various exceptions and caveats about which specific costs the cap includes. This report argues that the reforms are necessary, but not sufficient, to create a new culture in which citizens plan for the costs of care in later life. It examines what further steps policy makers might take to encourage and enable people to plan ahead for care costs, and considers the kind of private sector products that might contribute to this. Among ideas suggested are: a "financial health check" for those approaching retirement; that Government should adopt a simpler means-test; the Government should encourage and reward self-funding; and models that are based on savings, insurance or housing wealth as equity. (RH). |
| Accession Number | CPA-160129003 B |
| Classmark | I: PF: QC: TM2: 82 |
Data © Centre for Policy on Ageing |
|
| ...from the Ageinfo database published by Centre for Policy on Ageing. |
| |
|