[Sephiroth]

Originally Posted by mrmistoffelees

<SNIP>

I think you're hitting yet missing a key issue. people expect that they have a right (rightly or wrongly) to be able to leave an inheritance to their children, dog, charities etc.

So, whilst the person needing residential care cannot benefit from their assets, others can.

Tie that to the common ignorance that is the payments I make via NI are for my state pension (which of course is twaddle) and you get resistance from individuals.

That's one of the things that needed fixing. Under any normal insurance scheme, you'd choose your plan and pay in accordingly. The insurer would invest the funds that would then grow as a bonus to the subscription.

It's perfectly reasonable for people to insist that they've been paying NI as much for themselves as for others. The scam has been that NI was not a hypothecated fund.