Could a time-banking approach fix the elderly care crisis?

A new scheme allows young volunteers looking after older people to bank hours for their own care later in life. Young volunteers who care for elderly people could bank the hours they put in as care for themselves when they need it in later life. That’s the plan for Give & Take Care, a £1m government-funded venture which fosters a new approach to informal care – one driven by time rather than money. It could serve hundreds of thousands of people across the country in a fresh solution to Britain’s chronically underfunded care system. Hosted by Brunel University and partnered by the East of England Co-op and Age Concern, the Give & Take Care model comes a week after MPs warned social care for the elderly is ‘on the brink of failing altogether’. ‘There could never be a more important time to talk about the care of older adults,’ said … (To read more, subscribe below)

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