Rising Cost Of Care Will Erode Pensioners Wealth

old age home

old age home (Photo credit: jaded one)

A joint report from the Department of Health, Department for Work and Pensions and Department for Communities and Local Government will warn this week that a rising number of elderly people face losing “almost all of their wealth” to pay for social care. The report warns that the country may not be able to afford to fund a £35,000 cap on care costs amid a rapidly expanding population. The submission notes that by 2030, the number of pensioners is forecast to rise by 51%, while the number of disabled older people is expected to increase by 61% to 4m. The Government predicts that these rises will lead to unprecedented pressure on the NHS, councils and the state pension system. As a result, the report estimates that number of older people forced to rely on families and friends for help with care costs will double by 2030.

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Local Councils Are Running Low On Funds

Vince Cable & Sir Merrick Cockell

Vince Cable & Sir Merrick Cockell (Photo credit: CentreforCities)

A reader writes into respond to Merrick Cockell’s warning from last week that spending cuts will bleed councils dry. She says that the cuts are already having a crippling effect on councils, with many dipping into their reserves. Additionally, she notes that many local authorities are at risk of having no money left to tackle unexpected events such as flooding, fire or cyber crime. The reader concludes that council’s need to keep a firm grasp on long-term events.

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Profits Before Care


A report into the abuse scandal at the Winterbourne View Care Home in South Gloucestershire has found that the owners put profitability before humanity, leaving vulnerable patients “chronically under–protected”. The report also criticised the Care Quality Commission, police, social services and the NHS for failing to pick up warning signs about the treatment of  patients. It concluded that they were collectively “unequal to the task” of detecting what was going on. Dr Margaret Flynn, who conducted the serious case review into the home, warned that the case showed how abuse could go undetected “when information about concerns, alerts, complaints, allegations and notifications are either unknown or scattered across agencies”. The Daily Telegraph Editorial calls for CQC to be reformed.


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