tag:blogger.com,1999:blog-7462652546051300479.post1831469807218689372..comments2024-02-13T00:08:04.640+00:00Comments on NHS Vault: Conservative Draft Manifesto 2010: Dissection Part 14richard.bloggerhttp://www.blogger.com/profile/10589364986804437392noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7462652546051300479.post-71638741017711741372010-04-30T21:48:56.496+01:002010-04-30T21:48:56.496+01:00First, not everyone have sufficient income to save...First, not everyone have sufficient income to save the sorts of figures needed. The Audit Commission says that the the average weekly cost of social care is £980. The insurance companies will not touch the Conservative one-off £8,000 idea because it is completely underfunded. In fact, if you look at the government's green paper you'll see that they presented five options one of which was a one-off insurance payment at retirement. That was £20,000, and that was worked out as being 2/3 of the average cost of social care. <br /><br />But I should take you back to what you said. People who have a house have invested in that asset. Why not use that asset when they really need it - for the care that they need at the end of their lives? One of the green paper's suggestions was that the £20,000 contribution would be paid after death as long as there is no surviving spouse. <br /><br />Please read my 18 Feb post about this where I explain the green paper options in more detail.richard.bloggerhttps://www.blogger.com/profile/10589364986804437392noreply@blogger.comtag:blogger.com,1999:blog-7462652546051300479.post-47429463750409066042010-04-30T15:10:15.915+01:002010-04-30T15:10:15.915+01:00Doesn't this all kind of miss the point of the...Doesn't this all kind of miss the point of the fact that it is unfair that those who are irresponsible and do not save to support themselves in old age get the care FREE while those who play by the rules lose their home? Are you saying we should all just spend as we earn then and wait for the government to pick up the tab when we can no longer care for ourselves? <br /><br />Somehow I think that may cost a little more...Catherinenoreply@blogger.com