View the article online at http://citywire.co.uk/new-model-adviser/article/a565120
Dilnot: Cost not an argument against £2bn reforms
by William Robins on Feb 10, 2012 at 07:01
Economist Andrew Dilnot has argued the government should be able to fund his £2 billion long term care reforms without increasing public spending.
Speaking to members of the social care industry at the Westminister Health Forum seminar Dilnot, who headed up the Commission on Funding of Care and Support, said the question of how to finance the reforms was not a legitimate argument against the proposals.
‘The economic argument cannot possibly be used in all of this,’ said Dilnot (pictured).
‘It would be a very poor reflection of the potency of government if it were not able to find the funding for this. I am not suggesting an increase in public spending. It could be achieved by re-organising public spending.’
Under proposals laid out last July the government would fund any care costs above £35,000 and the threshold of assets people can hold and still qualify for means-tested help would rise from £23,000 to £100,000.
Together this will cost the government an extra £2 billion a year.
Dilnot has previously warned the government could delay the implementation of his proposals. More recently care experts have warned of political opposition to the plans within government with reports the Treasury planned to throw out the proposals.
Earlier this week, MPs sitting on the Health Select Committee publicly backed the reform in a report on care.
News sponsored by:
Today's top headlines
More about this article:
More from us
- Dilnot recommends £35k cap on elderly care costs
- Dilnot warns of delays in implementing later life care reforms
- Dilnot care proposals to be kicked into long grass, say experts
- MPs urge government to implement Dilnot plans
by Michelle Abrego on Mar 12, 2014 at 11:23