The majority of the public are not aware of their responsibility for covering their social care costs, or the likelihood of it happening to them. Likewise, the UK Government has been commissioning a series of assessments of social care funding over the last twenty years to explore how best to balance individual and state responsibility for these costs. With the ‘Freedom and Choice’ pension agenda allowing individuals to access their retirement savings more easily and the NHS increasingly under budgetary strain, it is essential that Government reform the system as soon as possible to clarify what individuals, providers, and Government will be expected to pay so that they can prepare accordingly.
Despite numerous attempts by successive governments to reform the system, social care remains in crisis and under constant pressure – both financially and in terms of demand. Actuarial expertise can support the government as it looks for ways to meet the evolving needs, demands and expectations of the health and care system.
Jules Constantinou - Past President
Health and Social Care Policy Papers
Health and Social Care Consultations
- 12 April 2021
- 30 March 2021
- 15 October 2019
- 8 October 2019
- 9 October 2018
- 30 July 2018
- 29 June 2018
IFoA response to Stuart McMillan’s Proposed Recovery of Medical Costs for Industrial Disease (Scotland) Bill22 June 2018
- 7 March 2018
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Opportunity to participate in a virtual Roundtable Discussion hosted by the IFoA in conjunction with the City of London Corporation’s Socio-economic Diversity Taskforce
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The Business of the AGM
Join newly inaugurated IFoA President, Matt Saker, for his Presidential Address.
We’re delighted to welcome you back to our first in-person conference since early 2020, also being delivered virtually in our first-ever hybrid event. The theme of our inaugural two-day conference is ‘Focusing on tomorrow’s actuary’ and will explore the contribution actuarial science is making to some of tomorrow’s biggest issues.