Green paper today will demand long-term care insurance
A green paper out today will suggest people take out long-term care insurance, the BBC reports.
A range of payment options will include:
- deducting a single payment from the patient's estate after their death
- making several payments in advance during their working life
- a co-payment system, where the state pays for the first chunk of care, then the rest is means tested
- a social care tax, working in the same way as national insurance.
At present, there are four people earning for each one who is retired, but in 40 years that ratio be just two to one.
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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
