Tories turn their minds to long term care with insurance back-up deal


Posted on July 1st, by editor in Caring Times. No Comments

Opposition leader Michael Howard has proposed a scheme to avoid the need for older people to use up their life savings and property to pay for residential care. His plan is for a three-year partnership scheme between government, the insurance industry and families. People who take out an insurance plan that meets the cost of three years¹ long-term care would be guaranteed free long-term care by government beyond those three years, regardless of their assets. Free means-tested long-term care would still be available to those whose assets were too low to meet any long-term care costs privately. Speaking at the Conservative Party¹s Older People¹s Summit, Mr Howard said 40,000 people a year suffer the indignity of having to sell everything to pay for long-term care. He said Labour had not come up with any proposal to address this huge area of concern. “Without proper planning, someone¹s entire life savings and property are used to pay for care ­ 40,000 people suffer this indignity every year,” Mr Howard said





Comments are closed.


Latest blog posts

It’s a hard, hard world

By Caring Times editor GEOFF HODGSON

A recent survey has found that 63% of the general public believe the NHS provides social care and 42% think...

Sign-up and pay, or perhaps pay more

By Caring Times editor GEOFF HODGSON

There are powerful arguments why carers working at night in small specialist care facilities should be paid their full hourly...

The parallel universes of social care

By guest blogger JOHN BURTON

The Care Quality Commission’s adult social care ‘productivity’ dipped in August and for the umpteenth time the 90% target of...