Latest from Markel, as the UK care sector struggles to cope with an ageing population plus mental health issues after the Covid19 lockdowns.
Markel, a leading specialist insurer for the care sector, has published its latest insight report titled “The Care Sector: Navigating turbulent times.” The report—endorsed by Vic Rayner, CEO of the National Care Forum—identifies six significant issues affecting the entire social care industry, raising concerns about its future viability.
Taking insight from 12 qualitative interviews with care leaders and 200 quantitative survey questions, the report sheds light on the ongoing workforce and funding challenges in the UK’s social care sector, exacerbated by the cost-of-living crisis and the aftermath of the Covid-19 pandemic. Further challenges are the difficulty in recruiting and retaining social care staff, caused by post-Covid burnout, undervaluation of the work, low wages, and the perception of social care as a job rather than a career.
Charlotte Rowe, Care Practice Manager at Markel Care Practitioners says: “The care sector is vital to society in the UK and how we care for our vulnerable people. The demand for care services continues to grow, placing significant pressure on providers, and studies like this really help the sector and those servicing it to understand the core challenges at play. The insurance sector has a responsibility to step up and do whatever it can to help the industry address these problems.”
A full copy of ‘The Care Sector: Navigating turbulent times’ is available on request from Markel.
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