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Careless: funding long-term care for the elderly

 

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Careless: funding long-term care for the elderly

Report recommends funding models

This report recommends that the Commission on the Funding of Care considers three specific funding models: the King’s Fund partnership model; a social insurance model as used in Europe; and a hybrid model whereby the State guarantees some level of care, but people are required to top-up for their long term care through insurance or annuity backed products.