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Elderly care funding report due Elderly care funding report due
(about 1 hour later)
Proposals are to be laid out by the Welsh Assembly Government on how care for elderly people could be financed.Proposals are to be laid out by the Welsh Assembly Government on how care for elderly people could be financed.
It comes amid warnings that the current system is unsustainable.It comes amid warnings that the current system is unsustainable.
UK ministers have said they want to see a debate on a compulsory state-run savings scheme or a private insurance in case people need care in later life.UK ministers have said they want to see a debate on a compulsory state-run savings scheme or a private insurance in case people need care in later life.
A "green paper" launched by Deputy Social Services Minister Gwenda Thomas will feed into a similar paper from the UK government.A "green paper" launched by Deputy Social Services Minister Gwenda Thomas will feed into a similar paper from the UK government.
No changes are expected to be made before 2011 at the earliest.No changes are expected to be made before 2011 at the earliest.
In November last year the assembly government launched a consultation on how care services in Wales should be funded.In November last year the assembly government launched a consultation on how care services in Wales should be funded.
Ageing populationAgeing population
Wales has a larger elderly population in proportion to the rest of the UK.Wales has a larger elderly population in proportion to the rest of the UK.
The consultation, run in parallel with one in England, was prompted by predictions that services will face a £6bn funding gap across the UK in 20 years.The consultation, run in parallel with one in England, was prompted by predictions that services will face a £6bn funding gap across the UK in 20 years.
Figures show that bout a third of men and half of women will, upon reaching the age of 65, need long-term care and support. Figures show that about a third of men and half of women will, upon reaching the age of 65, need long-term care and support.
It is expected that nearly 96,000 people over 65 in Wales will need the support of social care services by 2031.It is expected that nearly 96,000 people over 65 in Wales will need the support of social care services by 2031.
Wales also has an ageing population, and statistics indicate that in the next 20 years, the number of people aged over 85 in Wales will double to 137,000, and those aged over 100 will increase fourfold to more than 2,000.Wales also has an ageing population, and statistics indicate that in the next 20 years, the number of people aged over 85 in Wales will double to 137,000, and those aged over 100 will increase fourfold to more than 2,000.
Thhe proportion of people aged over 65 to those aged 20-64 in Wales is projected to increase from 40% to 64% by 2031. The proportion of people aged over 65 to those aged 20-64 in Wales is projected to increase from 40% to 64% by 2031.