A growing reliance on private provision could mean lower quality care. There are a number of potential linkages between ownership and quality.
We need to be bold and arrest the growth of debt-fuelled private providers in social care. IPPR
calls for a bold set of policy interventions to arrest the growth of
debt-fuelled private social care provision and oversee the existing
- the creation of a powerful national financial care
regulator – OfCare – to oversee the financial regulation of systemically
important care providers
- a new requirement that ensures all state-funded
providers of care maintain a ‘safe’ level of reserves and demonstrate
they are paying their fair share of tax in the UK
- a commitment by government to build the 75,000 beds needed to by 2030 through borrowing worth £7.5 billion
- the care for these homes should either be provided
by the state or by innovative not-for-profit providers, building on the
success of the ‘Preston Model’.