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A social insurance model would use compulsory contributions from worker salaries to cover the cost of aged care services. But it’s not a silver bullet to fix our aged-care funding crisis.
One proposal to fund the rising costs of aged care is a Medicare-style levy. However, this seemingly neat solution isn’t the answer to our aged care funding problems. Here’s why.
The government has a "genuine duty to deliberate" on any option to turn around the failing aged care sector, including a levy, according to Aged Care Minister Anika Wells.