Health and Social Care

Lord Forsyth of Drumlean Excerpts

Thursday 9th September 2021 Lords Chamber

[Baroness Evans of Bowes Park (Con)]

The noble Lord will be well aware that historically there has been very low demand for social care insurance products and insurers have actually withdrawn products from the market. We believe that there will now be certainty about costs faced by individuals. We hope that more financial products will come on to the market to enable individuals to plan for their future care needs. We intend to work with the financial services industry to innovate and help people insure themselves against expenditure up to the limits.

[Lord Forsyth of Drumlean (Con)]

My Lords, of course everyone welcomes the extra money for the health service. The last big additional sum given to the health service was some £20 billion, which is more than the entire spending on social care. Social care is in immediate crisis; it needs the money now. There are 1.5 million people not getting the care they need and care has been rationed by local authorities that have not got the costs. How will the Government cope with this? The importance of having a settlement for local government to deal with that is there. How do the Government expect this money to get to social care in three years’ time, given what we know will be the pressures on the National Health Service? How will that money be ring-fenced? If it is not, the most vulnerable people in our country—that includes half the budget going to people of working age—will suffer.

[Baroness Evans of Bowes Park (Con)]

I can certainly reassure my noble friend that the levy will be specifically ring-fenced for health and social care. As I said, HMRC will send funds to the health bodies in all four nations of the UK and by 2023 to social care funding bodies such as MHCLG, which will deliver through local authorities. In the up-and-coming three years, £5.4 billion will be provided to support social care.