One of the Conservative party’s leading figures, so Nicholas Soames has called for a ring-fenced tax on people over 40 to pay for elderly care. Sir Nicholas Soames believes those over the age of 40 should have to pay into a national insurance scheme, with the funds raised being used exclusively to meet the costs of social care for the elderly.
Currently many in social care end up paying tens of thousands of pounds for home help and care home places, and those who cannot afford the costs of care are funded by the state.
Sir Nicholas said: ‘Every day I see families who are desperately anxious about the provision of care for their elderly relatives. It isn’t good enough for this to go on and on.’
He claimed the whole system of adult social care was ‘creaking at the seams’, adding that the social care crisis is the UK’s ‘greatest single problem outside Brexit’.
In a parliamentary question, the Mid Sussex MP highlighted Japan, where a compulsory insurance scheme for over-40s to fund social care ‘commands near universal support and seems to work very well’.
Junior Health Minister Jackie Doyle-Price said the Government would be ‘looking to experiences in other countries’ for a Green Paper next summer.