Sir Andrew Dilnot reiterated calls for a cap on care costs in order to remove the "catastrophic risk facing us all" and to help stimulate the market.
Speaking at the inaugural Royal London annual lecture on Thursday, Dilnot (pictured) said "catastrophic" care costs were the "last big unpooled risk" that citizens face. He called for action to deal with the "broken" care market, saying a mixture of social insurance and new forms of private sector financial services would help to make sure people were better protected. According to Dilnot, a cap on care costs would help to make private care policies viable for providers and stimulate innovation...
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