Social care: Homeowners urged to pay £30,000 towards care by downsizing Wealthier homeowners should be asked to make a voluntary payment of up to £30,000 for their care needs in old age, a new report argues.
The Centre for Policy Studies proposes a system in which everyone receives a state-funded weekly care payment.
Those able to downsize or release equity from their homes would also be encouraged to contribute more to plug the current funding gap.
But critics say it would not be enough to address the £7bn shortfall. BBC News
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The Centre for Policy Studies proposes a system in which everyone receives a state-funded weekly care payment.
Those able to downsize or release equity from their homes would also be encouraged to contribute more to plug the current funding gap.
But critics say it would not be enough to address the £7bn shortfall. BBC News
See also:
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