Dilnot restates call for cap to fix 'broken' care 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 in the care market. He also said the growing cost of care could not be met wholly by the...