I enjoyed the series of articles penned by yourself and your colleagues for the March issue of Health Insurance
However, for the sake of accuracy, I would like to make the following points:
In his article, Harvey Jones comments: “Local authorities … will cover all costs of those with assets of less than £10,000.”
But even where assets are less than £10,000, the local authority may pay nothing at all, because at this stage income would be assessed. If it was found to exceed specified limits, nothing would be forthcoming.
Since a majority who come to need care will have income that will be taken into account by the local authority, it will be the rare exception, if at all, that a local authority will cover ALL of the costs.
And, of course, none of the above applies to domiciliary care, where it is “open season” for local authorities!
Also, to set the record straight, CU was followed by Hambro Assured Care. PPP was third into the pre-funded market.
I would also like to clarify the statistics quoted. The need for care is stated to be one in four at age 85 and over – this correct in relation to residential care in a residential/nursing home.
But if domiciliary care is included, the broader picture shows one in four people will need care at 60, a figure which rises to seven in 10 by age 80.
Finally, HAC offers benefit periods (payment terms) of three, five, eight and 10 years, and unlimited. Not six years as shown in the table.
R D Walker, national accounts manager, HambroAssured Care, Brentford, Essex