One of the largest aged care operators has called on the federal government to close the funding gap in the sector by raising the size of the contribution provided by the Commonwealth and introducing a greater user pay model, including the removal of the lifetime cap on means tested care.
Bupa chief executive Hisham El-Ansary said he supported the royal commission’s stance that aged care should be universal, but rejected a tax levy to fund the substantial investment required into aged care.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
