The Care Act 2014, which received royal assent last week, includes important measures relating to care and support for older people. This is particularly important given the ageing population – the number of people aged 85 or over is due to increase from 1.46m today to 2.72m in 2030.

As a country, are we ready for aging? Anchor have produced a new infographic to highlight some key points around people’s understanding of care costs, as well as perceptions around how prepared the Government is for an ageing population.

Download this infographic here and share it

The implications of an ageing society on health and social care services underpin notable strides for change; it forms a key pillar of NHS England’s A Call to Action and has been debated in Parliament as the Care Act successfully progressed through the legislative process.

But there are significant concerns, including that the new system will still be extremely difficult for many people to understand. The amount people pay for care will be capped, however, the cap will only cover the rate that local authorities pay for care – not the full rate, and accommodation costs will not be included in the cap. This means many people will pay significantly more for their care than would be implied by the word “cap”. Anchor also fear the Care Act risks exacerbating the shortfall between council rates and private rates.

Anchor believe these considerations are all the more important given the knowledge gap among the UK population about paying for care and care costs.

Is society ready for ageing? Is the Government ready for ageing? Anchor don't think so.

Have your say on our Facebook page here.

View all