$467 MILLION INCREASE IN AGED CARE SUBSIDIES

$467 MILLION INCREASE IN AGED CARE SUBSIDIES

Press Release: The Hon Ken Wyatt AM, MP

Minister for Senior Australians and Aged Care
Minister for Indigenous Health
Member for Hasluck

$467 MILLION INCREASE IN AGED CARE SUBSIDIES

Morrison Government investments in aged care totalling $467 million take effect in the form of subsidy increases from today. The major rise is a $320 million boost in residential aged care subsidies, equating to an average additional $1800 per permanent resident. This is an up-front payment to support all providers in the care of their residents over the next 18 months, while the Royal Commission goes about its work.

It will be paid as a 9.5 per cent increase in the subsidy for residents in mainstream residential aged care until 30 June 2019. This boost provides additional support to the sector to deliver quality aged care services while the Morrison Government considers longer-term reform funding options.

We are absolutely committed to providing senior Australians and the aged care sector with the support they need to provide quality services.

Regional areas benefit too

Service providers that support senior Australians living in regional areas will receive an additional $101.9 million annual boost, as the viability supplement for eligible small, rural and remote residential aged care providers increases by 30 per cent from today.

Currently, more than 550 services, accounting for around 13,500 residential care places, receive the viability supplement to offset higher care costs in regional areas.

The Morrison Government is also providing an additional $35.7 million to increase home care supplements for people with moderate to severe levels of cognitive impairment and veterans’ with a mental health condition.

Homeless boost

Seniors with a history of, or who are at risk of, homelessness will also receive a 30 per cent boost through a $9.3 million funding injection for providers specialising in services for the homeless. This will help the more than 1700 residents who are supported through 42 residential services across the country.

Ensuring senior Australians are supported in their later years is an absolute priority of mine. These subsidy increases will help to ensure our senior Australians receive the best care possible.

Authorised by Ken Wyatt AM, MP, Member for Hasluck.

acwadministrator
Author: acwadministrator

Founder and Editor of Aged Care Weekly. In 2010 I established Jerome Rault Media P/L, a full-service Advertising and Marketing Group of companies. JRM clients represent a cross-section of industry. The company operates the talent marketplace www.romey.co. Laneways.Agency, a division of JRM, specialises in marketing services for aged care companies. We also provide lobbying via the Aged Care Lobby Group (www.aclg.com.au).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.