Financial advice should be integral to LTC - Policy Exchange

Conservative think tank Policy Exchange's paper ‘Careless: Funding Long-Term Care for the Elderly' recommends a joint approach between parties. It says; "A hybrid model should be explored where the State guarantees some level of care - as in the partnership model - but people are required to top up for their LTC through insurance or annuity backed products." Commenting, Chris Horlick, managing director of care at LTC insurer Partnership, said: "If there is a hybrid or ‘partnership' model, with aligned co-payments between State and the Individual then there is a top up role for LTC thr...