Health News

Jul
2010

Thursday 29th July, 2010

How not to pay for an ageing population

An article on the Public Service website features the Policy Exchange report Careless which examines funding models for long-term care for the elderly.

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Thursday 29th July, 2010

Pool NHS and local authority spending to fund care for older people, says think tank

An article in the BMJ features the findings of the Policy Exchange report Careless into the funding on long-term care for the elderly in Britain.

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Wednesday 28th July, 2010

Advice integral to long-term care, says Policy Exchange

An article on the Citywire website highlights the latest Policy Exchange report Careless and discusses the funding of long-term care and financial advice.

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Tuesday 27th July, 2010

Warning over £106bn bill for old-age care

The Guardian quotes Henry Featherstone on findings from latest Policy Exchange report Careless that the NHS is being forced to spend more on funding elderly care.

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Tuesday 27th July, 2010

Taxation alone 'won't solve' long-term care dilemma

An article in Health Insurance magazine discusses Policy Exchange report Careless including alternative models to funding long-term care outside of taxation.

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Tuesday 27th July, 2010

Lifetime mortgages could fund care in old age

Findings of the new Policy Exchange report Careless into the funding on long-term care are discussed in an article on the Ashall Glover Financial Services website.

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Tuesday 27th July, 2010

Think tank says financial advice key to long-term care reform

A Money Marketing article outlines the findings of the latest Policy Exchange report Careless into the funding of long-term care in Britain.

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Tuesday 27th July, 2010

Paying for long-term care will cost 'second' NHS

An article on the FT Adviser website discusses the latest Policy Exchange report Careless on the reforms required to maintain long-term care for the elderly.

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Tuesday 27th July, 2010

Paying for an ageing population - options for funding long term care in an era of spending cuts

The Commission on the funding of care and support long-term announced by the Coalition Government should not consider paying for care solely through general taxation, says think tank Policy Exchange today in its latest report Careless: Funding long term care for the elderly.

The report says that free personal care funded out of general taxation, as was introduced in Scotland in 2002, could cost the Government up to £106 billion each year – the equivalent to funding a second NHS. It recommends instead that the Commission considers three specific funding models: the King’s Fund partnership model; a social insurance model as used in Europe, and a hybrid model whereby the State guarantees some level of care, but people are required to top-up for their long term care through insurance or annuity backed products.

The report also found that the NHS already spends about 4% (£4.23 bn) of its budget on social care. The largest tranche of public funding for social care is however routed through local authorities (£7.21 bn). Careless strongly recommends that the Commission considers merging this social care budget with the NHS - as the services are largely interdependent.