Andrew Hood

Andrew Hood

Senior Research Economist

Education:

MSc Economics (Distinction), University College London, 2015 

BA Philosophy, Politics and Economics (1st Class), University of Oxford, 2012

 

ORCID: 0000-0003-3148-8646

Andrew joined the IFS in 2012 and works in the Income, Work and Welfare sector. His current work includes analysis of the effect of taxes and benefits on the income distribution, and investigating the role of inheritances in explaining inequalities in consumption and wealth. 

 

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Social care – a step forwards or a step backwards?

| Observations

Yesterday, the Conservative Party proposed changes to the rules governing who is eligible for government funding for social care, and backed away from a lifetime cap on care costs. In this observation, we discuss those changes and lay out their potential effects. Taking the population of people in their 70s in England we estimate that, on becoming in need of care in their own home, 12-17% would be eligible for state support under current rules but would not be eligible under the new rules proposed by the Conservatives. Others would find they needed to use more of their own wealth to fund the costs of care in their home before the state stepped in.

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