Able Community Care Ltd’s Post

📢 Support the Social Care Sector – Sign the Petition to Exempt Providers from the Employer National Insurance Increase! 📢 At Ategi, we’re deeply concerned about the impact of the employer National Insurance contribution (NIC) increase on social care providers. This additional financial strain will affect an already stretched sector, facing longstanding funding and staffing challenges. Social care providers deliver critical support to some of the most vulnerable people in our communities, and this increase threatens their ability to maintain vital services. That’s why we’re urging the government to exempt all social care providers from this rise in costs. Stand with us – add your name to the petition and help safeguard the essential services so many rely on. 🔗 https://bit.ly/48IFAn0 Together, we can make a difference. Your support can help ensure the sustainability of quality social care. #SocialCare #SupportSocialCare #Petition

The Government’s recent budget announced an increase in Employer’s National Insurance Contributions (NICs). With tight budgets and rising costs, this presents a significant challenge to many organisations across the social care industry, including PBS4. At PBS4, we will always remain committed to delivering high-quality care to all of the amazing people we support, but the financial pressures this increase brings are undeniable. Thankfully, there’s an opportunity to act. A petition has been launched to “urge the Government to exempt all social care providers from the Employer NIC increase”. This change would alleviate some of the financial burden and allow providers like us to focus on what matters most—delivering outstanding care and support. While we navigate these challenges, it’s essential to recognise the constraints that local authorities and ICB (Integrated Care Board) commissioners face. They understand our struggles and want to support us, but their budgets are ultimately limited by the support they receive from central government. value our partnerships with local authorities and ICBs, working together to advocate for the government intervention needed to ensure the sustainability of social care. Why Your Signature Matters: By reaching key milestones, we can drive the conversation at a national level: ·       10,000 signatures – The Government will issue a response. ·       100,000 signatures – The petition will be considered for debate in Parliament. Sign the petition today: https://lnkd.in/gay2_WRN   This is more than just a financial issue—it’s about advocating for a sustainable future for social care. By working together, we can not only address the challenges presented by this NIC increase but also help commissioners secure the funding needed to continue our vital work.

More pressure on the Government to provide an exemption to national insurance rises for the social care sector: Nuffield Trust warns that 'if the Gov fails to take urgent action to stabilise the sector now, there may be little left of it to reform'. The impact of this will fall heavily on people relying on care and their family carers. Already struggling against a care system in crisis, we fear how much worse it can get. https://lnkd.in/e5vWj-q6

WASHINGTON (AP) — The go-broke dates for Medicare and Social Security have been pushed back as an improving economy has contributed to changed projected depletion dates, according to the annual Social Security and Medicare trustees report Monday. Still, officials warn that policy changes are needed lest the programs become unable to pay full benefits to retiring Americans. Medicare’s go-broke date for its hospital insurance trust fund was pushed back five years to 2036 in the latest report, thanks in part to higher payroll tax income and lower-than-projected expenses from last year. Medicare is the federal government’s health insurance program that covers people age 65 and older and those with severe disabilities or illnesses. It covered more than 66 million people last year, with most being 65 and older. Once the fund’s reserves become depleted, Medicare would be able to cover only 89% of costs for patients’ hospital visits, hospice care and nursing home stays or home health care that follow hospital visits. https://lnkd.in/d6cB8n74

(FOX BUSINESS) - "Social Security benefits are falling short. The problem could soon get worse." New research published by the Senior Citizens League, a nonpartisan group that focuses on issues relating to older Americans, estimated that Social Security benefits have lost 20% of their buying power since 2010. Find The Most AFFORDABLE Health & DENTAL Insurance At: HI4E.org #MedicareInsolvency #DebtCeiling #SocialSecurity #SSICostOfLivingIncreases #CostOfLiving #SSIBenefits #HealthInsurance4Everyone #RetirementBenefits #SocialSecurityInsolvency #SSITaxes #MedicareSpending #CostOfLivingIncreasesForSSI #Retirees #SocialSecurityIncrease #SSICOLAIncreases #SeniorBenefits #COLA #SocialSecurityFundsDepleted #ImpactOfCovidOnSSIFunds #OldAgeSurvivorsInsurance #OASI #SocialSecurityIncrease #MedicareHospitalInsuranceFunds #FoxBusiness #HealthAndLifeSolutions #SocialSecurityReform #SSIBenefitsCuts #RetirementFunds #PensionPlans #RetireeBenefits #SocialSecurityTrustFund

The right to social insurance is one of the basic rights in force in many countries, and aims to provide social and economic protection for individuals. Here is a detailed explanation: Definition of the right to social insurance The right to social insurance is the right that guarantees individuals financial support and social services in cases of emergency or need, such as unemployment, illness, disability, old age or death. Principle of the right to social insurance 1. *Equality*: All individuals have the right to social insurance without discrimination. 2. *Comprehensiveness*: Social insurance includes all individuals, including workers and the self-employed. 3. *Integration*: Social insurance integrates different programs and services. Types of social insurance 1. *Unemployment insurance*: Financial support for the unemployed. 2. *Sickness insurance*: Health care coverage. 3. *Disability insurance*: Financial support for people with disabilities. 4. *Old age insurance*: Retirement pensions. 5. *Death insurance*: Financial support for families. Advantages 1. *Social protection*: Providing financial support and social services. 2. *Economic stability*: Reducing poverty and unemployment. 3. *Improving health*: Health care coverage. 4. *Promoting equality*: Providing equal opportunities for all.

https://lnkd.in/gQnGSguP The Congressional Budget Office (CBO) released a new report that estimates the benefit payment schedule of the Social Security program, saying that the Old-Age and Survivors Insurance (OASI) Trust Fund will “decline to zero” in fiscal year 2034 and the Disability Insurance (DI) Trust Fund will do the same in 2064. This is generally consistent with prior forecasts, but other exhaustion timelines in recent years have floated between 2034 and 2035. CBO added that “starting in a decade, Social Security’s revenues will not be sufficient to cover all of the benefits that are due under current law,” according to the report. CBO offers two prescriptions for extending the payment timeline in its forecast. One would increase the Social Security payroll tax “immediately and permanently” by 35% — from the current rate of 12.4% of taxable earnings up to 16.7%. The other would reduce benefits by 24%. For more information, please read the entire article (link above).

The social care sector is facing yet another crushing burden—the proposed increase in National Insurance for care providers. This comes at a time when our sector is already stretched to its limits, grappling with severe underfunding, staffing crises, and rising costs. For many providers, this increase could be the tipping point, forcing closures and leaving vulnerable individuals without essential care. The reality is simple: social care is a lifeline. It supports those most in need and uplifts communities. Yet, it continues to face mounting pressures with little reprieve. The government must take action to exempt social care providers from this increase. Failure to do so could see services collapse, care quality decline, and the lives of those who rely on this support put at further risk. We can’t let that happen. Please take a moment to sign the petition and show your support for exempting social care providers from this increase. Let’s stand together for those who dedicate their lives to care and for the people who need it most. 🖊️ Sign here: https://lnkd.in/eFeVwu3a

Not breaking news: Social Security (OASI) is still low on gas (reserve depletion as the govt calls it) starting in 2023. Good/better/does it matter news is that OASDI just recalculated and extended mileage from 2034 to 2035. Why does this matter? Demographic trends may not be in favor of future retirees and so I advocate for re-evaluation of your spending vs saving; rely upon your own means more and less on government coming through 10 years from now. OASI stands for Old-Age and Survivors Insurance, and OASDI stands for Old-Age, Survivors, and Disability Insurance. OASI and DI are two parts of the Social Security program, and are often analyzed together as OASDI. https://lnkd.in/eTuWSKur

‘No More Cuts To Social Care,’ Plea CAMPAIGERS have sent an impassioned plea to the Chancellor not to impose any further financial hardship on the care of older, vulnerable and disabled adults.The care provider body, The Independent Care Group (ICG), has sent an open letter to Rachel Reeves urging her to support rather than harm social care when she presents her Autumn Statement. Their plea comes amidst fears that the Government will not boost funding to local authorities for care but will increase employer National Insurance contributions, both of which would hit social care hard. “It isn’t too late,” said ICG Chair Mike Padgham. “The Chancellor must pull away from measures that will harm the care of the most vulnerable and support the social care sector instead. “The number of people living without the care they need has topped 2m for the first time but if the Chancellor doesn’t support us at the end of the month, things will get even worse.” In his letter to the Chancellor, Mr Padgham says the Government needs to increase rather than decrease the funding it gives to commissioners like local authorities to buy care from providers. And he warns that an increase in National Insurance would hit social care providers and be at odds with the Government’s desire to see more people looked after in their own home. He also argues that the Government must support social care if it is to succeed in its proposals to reform and improve the NHS. In the letter he says: “In particular, an increase in National Insurance payments for employers would hit social care providers particularly hard. Two thirds of our costs are on staffing and the sector is already under-staffed and struggling to recruit, with 131,000 vacancies in the sector. Adding another cost to employers would bring further pressure and might put some providers out of business. It would also be at odds with the Government’s desire to have more people looked after in their own homes. An increase in National Insurance would be particularly harsh on domiciliary care, which is very staff intensive.” And he adds: “We cannot start to ease hospital waiting lists and empty hospital beds if there is no social care to look after people in the community. We have to tackle the 2m people who currently cannot get care and the 131,000 vacancies in the sector, not to mention the lengthening list of care home closures.” Mr Padgham says there are sound economic as well as social and moral arguments for supporting social care. He adds in the letter: “The latest Skills for Care report revealed that social care now contributes £68.1bn to the England economy and employs 1.7m. That is a significant contribution, but it could contribute and employ considerably more if resources were switched from the NHS to support the sector. Skills for Care says an extra £6.1bn invested in social care would provide economic benefits of £10.7bn – for every £1 invested, a return of £1.75. Moving money from the NHS into social…