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The royal commission, which handed down its final report in March 2021, was split on the critical question of how to majorly boost funding to aged care, with one commissioner proposing a Medicare-style levy to pay for the entire system and the other proposing a mix of a levy and higher financial contributions from users.
“We must act now. The baby boomers are coming. Within a decade, our nation will have, for the first time in history, more people aged over 65 than under 18.”
Baby boomers “rightfully believe aged care can offer much more than it has”, she says.
With the proportion of people aged 15 to 64 shrinking, Wells says “there will be greater pressures on the entire community” that will require an “innovative” approach to funding aged care.