reforming the funding of adult social care in england
DESCRIPTION
Key slides illustrating current and projected future spending on social care for older peopleTRANSCRIPT
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© Nuffield Trust 29 May 2012
Reforming the funding of adult social care in England
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© Nuffield Trust
Funding social care reform
• The Dilnot Commission found: • Many people on low incomes who need care do not receive it • Ten per cent of people face lifetime care costs of over £100K
• The Commission recommends a £35K lifetime contribution cap,
to: • Provide certainty • Encourage individual saving • Promote an insurance market
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Possible funding solutions
• The Government has baulked at the cost of reform: • estimated as an extra £3.6 billion per year by 2025/26
• Possible solutions include: • Use current primary care trust (PCT) under-spends (projected
£1.5 billion in 2011/12) • Review the balance of spending across health, social care
and welfare, to help the less well-off • Increase the level of individual lifetime social care costs to
£50K, to fund widening the net of support
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Real-terms spending on health and social care (England)
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Expenditure and demand: older people’s social care (2009/10 prices)
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Number of inpatient admissions per person by age and type of social care received (with 95 per cent confidence intervals shown)
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Social care public spending projections (at 2010/11 prices)
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Expected future lifetime cost of care for people aged 65 in 2009/10 by percentile (2009/10 prices)
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Public expenditure on social care for older people in 2010/11 – the current system and additional expenditure from proposed reform, by quintiles of older people’s income
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Additional costs of care
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Public spending on older people
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Distributional impact of modelled tax and benefit reforms implemented between January 2011 and April 2014 in the UK, by income and family type
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Impact of changes taking effect by April 2012
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Household wealth excluding pension wealth (£)
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© Nuffield Trust 29 May 2012
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