27 Years of Promises: Where Are We Now?
The question of how to fund social care is once again a hot topic in British politics. It seems every few years, a new commission or review is launched, raising hopes for a sustainable solution. But how much progress has really been made?
The Recurring Theme of Social Care Reform: Commissions and Reviews
Two dates stand out in recent history:
1997: Health Secretary Frank Dobson, under Tony Blair’s government, initiated a Royal Commission into long-term care for the elderly. Its 1999 report, “With Respect to Old Age,” recommended state-funded personal care, a proposal rejected the following year.
2025: Wes Streeting, the current Shadow Health Secretary, has announced another independent commission into adult social care. An interim report is expected in 2026, with a final report by 2028, aiming to address critical issues and propose reforms for a “fair and affordable” system.
The Challenges Remain
Between these two dates, numerous other reviews and white papers have been produced, mostly focusing on England, due to the devolved nature of social care. Despite these efforts, the fundamental funding challenges persist. Across the UK, long-term care funding relies heavily on means-testing, with thresholds often considered modest. In England, for example, individuals with over £23,250 in capital are expected to cover the full cost of their care.
A planned care-funding scheme with an £86,000 fee cap for England, initially due in 2023, was first delayed and then scrapped due to a lack of funding. With the next general election due by mid-2029, significant legislative reform seems unlikely before the next decade. If you’re worried about funding long-term care for yourself or a loved one, early planning is essential.
The ongoing debate around social care reform highlights the need for careful financial planning. Whether you’re looking ahead for yourself or a family member, Chartwell’s expert advisors can help you navigate the current system and prepare for potential changes. Contact us today for a consultation.
