1 Conclusions and recommendations of the Commission on Funding of Care and Support Fairer care funding.

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Presentation transcript:

1 Conclusions and recommendations of the Commission on Funding of Care and Support Fairer care funding

2 Conclusions and recommendations of the Commission on Funding of Care and Support The number of older people is increasing Growth in the number of older people in England

3 Conclusions and recommendations of the Commission on Funding of Care and Support Flexible societies are good at adapting Proportion of UK population aged 65 and over

4 Conclusions and recommendations of the Commission on Funding of Care and Support Social care is one element of state support Public spending on older people in England 2010/11

5 Conclusions and recommendations of the Commission on Funding of Care and Support Funding has not kept up with demand Expenditure and demand: older people’s social care (2009/10 prices)

6 Conclusions and recommendations of the Commission on Funding of Care and Support Care costs are uncertain and can be very high Expected future lifetime cost of care for people aged 65 in 2009/10

7 Conclusions and recommendations of the Commission on Funding of Care and Support Fear is the natural response to current system Maximum possible asset depletion for people in residential care

8 Conclusions and recommendations of the Commission on Funding of Care and Support Care costs are uncertain and can be very high Expected future lifetime cost of care for people aged 65 in 2009/10

9 Conclusions and recommendations of the Commission on Funding of Care and Support A cap removes the risk of very high costs Expected lifetime costs for people going into care in 2010/11, by percentile

10 Conclusions and recommendations of the Commission on Funding of Care and Support And offers significant asset protection Maximum possible asset depletion for people with £150k residential care costs

11 Conclusions and recommendations of the Commission on Funding of Care and Support But we also need to reform the means test The effect of extending the means test on the amount of support people receive

12 Conclusions and recommendations of the Commission on Funding of Care and Support But we also need to reform the means test The effect of extending the means test on the amount of support people receive

13 Conclusions and recommendations of the Commission on Funding of Care and Support Extending the means test helps the poorest Maximum possible asset depletion for people with £150k residential care costs

14 Conclusions and recommendations of the Commission on Funding of Care and Support Extending the means test helps the poorest Maximum possible asset depletion for people with £150k residential care costs

15 Conclusions and recommendations of the Commission on Funding of Care and Support The reforms reduce the costs individuals face Initial level of wealthMaximum spend on care £40,000 £50,000 £70,000 £100,000 £150,000 £9,000 £12,000 £18,000 £28,000 £35,000

16 Conclusions and recommendations of the Commission on Funding of Care and Support Care for people of working age AgeMaximum spend on care Under to to to Free care £10,000 £20,000 £30,000 £35,000

17 Conclusions and recommendations of the Commission on Funding of Care and Support All spending: £697bn

18 Conclusions and recommendations of the Commission on Funding of Care and Support All spending: £697bn NHS: £103bn

19 Conclusions and recommendations of the Commission on Funding of Care and Support All spending: £697bn NHS: £103bn Social security for older people: £85bn

20 Conclusions and recommendations of the Commission on Funding of Care and Support All spending: £697bn NHS: £103bn Social security for older people: £85bn Education: £61bn

21 Conclusions and recommendations of the Commission on Funding of Care and Support All spending: £697bn NHS: £103bn Social security for older people: £85bn Education: £61bn Defence: £44bn

22 Conclusions and recommendations of the Commission on Funding of Care and Support All spending: £697bn NHS: £103bn Social security for older people: £85bn Education: £61bn Defence: £44bn Social care and disability benefits for adults: £27bn

23 Conclusions and recommendations of the Commission on Funding of Care and Support All spending: £697bn NHS: £103bn Social security for older people: £85bn Education: £61bn Defence: £44bn The cost of reform: £2bn Social care and disability benefits for adults: £27bn

Thank you Commission on Funding of Care and Support