
The middle classes should pay the first ?35,000 of their old age care and be encouraged to take out insurance to cover that cost, according to a government-commissioned review into the future funding of social care to be published next week.
The proposal will ignite the "death tax" row that led to a war of words between the Tories and the Labour government before the last election.
Currently, social care provided by councils is means tested. If someone needs residential care and has more than ?23,250 in savings, capital or assets they have to pay for their care in full. Under the Dilnot proposals, there would be greater investment and, it is believed, a more generous means test that would make more people eligible for cover from the state. However, those with better than modest assets ? the middle classes ? would be required to cover costs. The amount they would need to pay would be capped, which, it is believed, would encourage insurers to offer cover.
"This is a big test for David Cameron. If he fails to rise to this challenge, he will let down older people now and in the generations to come."

This will go the same way as car insurance............
You pay the money in and when you need to claim,
they find a way of not paying out.

Comment