Funding Tomorrow Today: Social Care for older people and vulnerable adults (23rd April 2008)
Social care funding must be fairer if provision of social care is to survive. This paper argues that the long term solution to society’s biggest problem – how to fund social care for older people – could be a minimum package of entitlement paid for through a new insurance system. A new system of a sensible level of care backed up by top-ups through social insurance and government support for the poorest would reward those who save, favour prevention over high cost ‘last resorts’ such as care homes and hand control of how money is spent to the users rather than the funders of care.
Click here for the Paper
Social care funding must be fairer if provision of social care is to survive. This paper argues that the long term solution to society’s biggest problem – how to fund social care for older people – could be a minimum package of entitlement paid for through a new insurance system. A new system of a sensible level of care backed up by top-ups through social insurance and government support for the poorest would reward those who save, favour prevention over high cost ‘last resorts’ such as care homes and hand control of how money is spent to the users rather than the funders of care.
Click here for the Paper
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