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Means testing adult social care in England

Recurso electrónico / Electronic resource
Registro MARC
Tag12Valor
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100  ‎$0‎MAPA20140008759‎$a‎Mayhew, Les
24510‎$a‎Means testing adult social care in England‎$c‎Les Mayhew
300  ‎$a‎30 p.
520  ‎$a‎With the number of U.K. citizens aged 75 and over doubling to 10 million by 2040, social care funding remains a key policy challenge. The Care Act 2014 included reforms designed to make care funding sustainable, by establishing a new level for what individuals and the state will pay in England. However, the Government has postponed their introduction until 2020 amid concerns about cost. This paper uses the delay to investigate the current and proposed means testing formulae and finds fault with both. It proposes an alternative formula called the "preferred formula", which it argues is fairer and does not require capital limits. It further suggests that the proposed life-time cap care on costs is unnecessary since the preferred formula contains a mechanism that automatically limits asset depletion. Using examples, the research tackles an issue with all means testing which is that it disincentivises saving, so preventing more money entering the care system.
650 4‎$0‎MAPA20080625597‎$a‎Envejecimiento de la población
650 4‎$0‎MAPA20080579029‎$a‎Asistencia social
650 4‎$0‎MAPA20080562533‎$a‎Financiación
651 1‎$0‎MAPA20080638290‎$a‎Reino Unido
7730 ‎$w‎MAP20077100215‎$t‎Geneva papers on risk and insurance : issues and practice‎$d‎Geneva : The Geneva Association, 1976-‎$x‎1018-5895‎$g‎03/07/2017 Volumen 42 Número 3 - julio 2017 , p. 500-529