Funding and providing aged care: lessons from the last decade

Authors

Henri Ergas, University of WollongongFollow

RIS ID

67632

Publication Details

Ergas, H. (2012). Funding and providing aged care: lessons from the last decade. The Australian Economic Review, 45 (3), 362-367.

Abstract

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.