The Institute and Faculty of Actuaries have noted that both the White Paper and the Progress Report are recommending integration of the different support services, such as nursing care and social care and added that this could make savings without affecting the end user.
Sue Elliott chair of the Health and Care Practice Executive Committee at the Institute and Faculty of Actuaries, said: "I think they can get efficiencies between parts of the NHS and the care services and this will help with the end funding.
"This has been proven in certain local authorities where the nursing sector and the social care sector work together. The fact that both publications picked up on this is quite encouraging."
She added that the White Paper's commitment to the principle of a "cap" on the amount individuals will pay for social care will bring a degree of clarity.
"It is our belief that clarity on the financial commitment required by individuals and the State will better prepare individuals to engage and plan for their future care needs - which research shows is not happening now," she said.
The Institute and Faculty also indicated it would be seeking iput into the Progress Reports intention to form an industry group to address funding methods.
She said: "Actuaries, have the skills to create practical solutions to help individuals plan and to help manage the financial risks created by the demographic changes expected in the future.
"We look forward to continuing to consult with the Government on practical solutions to these issues including the question of funding over the coming months."
"This is something that the Actuarial Profession could play a key role in.
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