Wealthy would pay at least $20 a day more in aged care overhaul

Original article by Natassia Chrysanthos
The Age – Page: Online : 13-Mar-24

Everyday living expenses in aged-care facilities are currently capped at $61 per day. However, it costs aged-care operators about $80 per day to provide these services. Aged-care consultant Grant Corderoy contends that self-funded retirees should pay this $19 gap; he argues that while the costs of aged-care nursing, medication and allied health are fully covered by taxpayers, wealthy residents of aged-care facilities should pay for their everyday living and accommodation costs. Corderoy was a member of the federal government’s aged-care taskforce.

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