Wanless suggests wider 'partnership' care payment

clock •

A report into the funding of social care for older people has suggested replacing the current regime with a 'partnership' model, which provides a universal minimum level of care and offers incentives for private top-ups.

The report – entitled Securing Good Care for Older People - by government adviser Sir Derek Wanless says the potential to achieve 'value-for-money' from care for the elderly, including long-term care, is not currently being achieved and, unless society decides it is less inclined to support the same improvement in outcomes from social care as it does in health care, more needs to be spent privately. As a result, Wanless suggests a series of models as possible replacements to the current funding regime: Abandoning aspects of means-testing, for instance by offering free personal care...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Protection

FCA: Pure Protection Market Study does not give industry 'a clean bill of health'

FCA: Pure Protection Market Study does not give industry 'a clean bill of health'

Firms must still demonstrate fair value

Jaskeet Briah
clock 11 November 2026 • 2 min read
Budget 26: The protection and health impact

Budget 26: The protection and health impact

Protection industry reflects on missed opportunities

Cameron Roberts
clock 30 October 2026 • 5 min read
Is failing to protect a client's income an oversight or neglect?

Is failing to protect a client's income an oversight or neglect?

What happens to your financial plan if your ability to earn reduces or stops?

Kevin Carr
clock 29 October 2026 • 3 min read