Over 55's don't want to pay for their own care

StevieJ

If they have to sell their home to pay for care who is missing out? maybe the young who would have inherited.

puddy

TruckerT wrote: »

I guess the post-war generations were led to believe that the Welfare State would give equal support to all, irrespective of need

Probably, today's generations are less naive

TruckerT

except that it wasnt common when the welfare state was put in place, for people to live for years and years in a care home

it also wasnt particularly common for people to own their own homes and the idea of 'need' was that the majority of people who were not home owners, and so didnt have assets, were viewed as the ones who were more needy than those with assets

now the ones with assets want to change the rules to say that it shouldnt be down to 'need' it should be down to how much they've paid in

forgetting of course that (despite NI not actually paying for your particular pension) that their pension costs, schooling, lifetime health care etc etc will have been things that they also got out of the state

PasturesNew

I am selling to pay for care ... the process starts this week.

MIRAS, mentioned above, probably wasn't a lot on a £3k mortgage which was paid off with redundancy money just 10 years later. It'd probably be less cost to the taxpayer than remaining in a council house.

TruckerT

puddy wrote: »

except that it wasnt common when the welfare state was put in place, for people to live for years and years in a care home

it also wasnt particularly common for people to own their own homes and the idea of 'need' was that the majority of people who were not home owners, and so didnt have assets, were viewed as the ones who were more needy than those with assets

now the ones with assets want to change the rules to say that it shouldnt be down to 'need' it should be down to how much they've paid in

forgetting of course that (despite NI not actually paying for your particular pension) that their pension costs, schooling, lifetime health care etc etc will have been things that they also got out of the state

We are entirely in agreement! I did not make myself clear

Unfortunately, the welfare state was also slow to recognise the changing world, and now faces an uphill struggle

TruckerT

PasturesNew

With interest rates so low at the moment, the interest earnt on house proceeds banked will mean the state will be picking up the tab quicker than most would have liked. Go back 4-5 years and interest for many would have covered the fees.

One of the issues with care is you've no idea if you're funding it for 6 months or 20 years.

TruckerT

PasturesNew wrote: »

One of the issues with care is you've no idea if you're funding it for 6 months or 20 years.

That's probably why private insurers are so slow to get excited about the business opportunity...

I am about to make an Advance Decision to Refuse Treatment (aka a Living Will)

TruckerT

PasturesNew

It happens so suddenly ... one minute you're bumbling along, thinking you've got 10-15 years left, if not more, next thing you're sitting in a chair being told you won't even make a few months .... then you're gone.... and in a lot of cases it's the one left behind that suddenly, from nowhere, has lost their life partner and now can't do anything alone and needs looking after.

Under Continuing Care, we'd have got the nursing home fees paid for the terminal illness as that's not means tested due to the prognosis and disease, but for care it's means tested and so suddenly you're pawing through books and doing visits to pick the right one.

Old .... it's not how you think it'll be. It's not all like Werthers Original adverts.

puddy

PasturesNew wrote: »

It happens so suddenly ... one minute you're bumbling along, thinking you've got 10-15 years left, if not more, next thing you're sitting in a chair being told you won't even make a few months .... then you're gone.... and in a lot of cases it's the one left behind that suddenly, from nowhere, has lost their life partner and now can't do anything alone and needs looking after.

Under Continuing Care, we'd have got the nursing home fees paid for the terminal illness as that's not means tested due to the prognosis and disease, but for care it's means tested and so suddenly you're pawing through books and doing visits to pick the right one.

Old .... it's not how you think it'll be. It's not all like Werthers Original adverts.

are you talking about yourself PN? are you able to say whats wrong?

Oldernotwiser

Graham_Devon wrote: »

You may have seen that on other sections of the forum, but you certainly won't have seen that in this forum.

Then perhaps some people should get out more!

PasturesNew

puddy wrote: »

are you talking about yourself PN? are you able to say whats wrong?

Not me, parents... who I live(d) with (until house sold).