Earlier this week the Chartered Insurance Institute (CII) released a report declaring the public was massively disconnected from the reality of long-term care (LTC) costs.
The CII recognised that this was a particularly concerning situation given the recent publicity surrounding the Dilnot Commission's report into the future of LTC funding. As part of its research, the body sought responses to the Dilnot report from a wide range of experts, including insurers and reinsurers. The submissions are published in full in the paper and make interesting reading, but here are some of the more pertinent points raised. CII LTC report Dr Ros Altmann, director general at Saga Group The current system of long-term care funding is haphazard, inefficient an...
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