Funding and providing aged care: lessons from the last decade
This article examines the future funding of aged care in the context of the Intergenerational Report. Noting the predicted substantial increases in aged-care costs, it argues that the current funding of aged care, which imposes high and likely rising co-contributions on care recipients, should be replaced with comprehensive aged-care insurance. It also recommends improving the transparency of the Intergenerational Report and the sophistication of its sensitivity testing.
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