The independent commission reviewing long-term care funding in England is expected to propose a cap on costs for individuals when it reports in July.
The Commission on Funding of Care and Support, chaired by Andrew Dilnot, was set up in July last year.
Ahead of the findings of the review being published later this year, Dilnot has revealed the commission is looking at ways the state could cap long-term care costs to help people make the necessary provision.
In an interview with the Financial Times this week, Dilnot said: “If your house burns down, you are insured, if you get seriously ill, there is the National Health Service. If you have a car crash, you are breaking the law if you are uninsured. If you live longer than anticipated, you have a pension. It is in only in this area, social care, that you are not protected against these costs.”
Dilnot said a funding solution based solely on taxation would be politically unacceptable and unlikely to last in the long term. He added that although a public-private partnership would require Government money, “we think the sums involved will not be so large that the Treasury feels it cannot do it.”