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Louise Biti

Changes to aged care fees are likely. This is how it might look

As providers face financial pressure, one option might be to increase the lifetime cap applied to means-tested fees.

Louise BitiContributor

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The government is mulling proposals to dramatically lift or abolish lifetime contribution caps for aged care.

Growing expenses, greater numbers of older Australians needing care and higher care needs are all increasing the financial pressure on aged care providers, leading to growing calls for financial reform. And this puts fees in the spotlight.

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Louise Biti is director of Aged Care Steps.

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    Original URL: https://www.afr.com/wealth/personal-finance/changes-to-aged-care-fees-are-likely-this-is-how-it-might-look-20240725-p5jwew