Age UK has urged insurers to produce new financial insurance products to support the reform of the long-term care system.
It also revealed that many care home residents are being forced to top-up local authority care fees because of funding shortfalls. The charity believes the coalition government has a once in a generation opportunity to change the way that older people receive care and support in England. In a highly critical report of the present way long-term care (LTC) is funded and provided, Age UK revealed one of its key principles for reforming included the development of more insurance products. Its list of key principles suggest the charity would support a public-private partnership model fo...
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