Addressing Australia’s silver tsunami via residence care reform

Amid the rising demand for aged care companies, the Retirement Dwelling Council (RLC) is urgent the Australian authorities for vital reforms in how residence care companies are funded and delivered.

By introducing a “shared care” framework, RLC prompt retirement communities may straight present residence care companies to their residents, fostering more healthy, extra unbiased lives for older Australians.

RLC on addressing the silver tsunami

Daniel Gannon (pictured above), government director of RLC, emphasised the pressing want for reform within the face of Australia’s growing old inhabitants, projected to see a 70% enhance in people over 75 by 2040. He additionally mentioned that retirement residing communities are “completely positioned” to assist present residence care companies.

“Retirement communities can ship higher outcomes, experiences, and worth for older Australians accessing care – and there are advantages for presidency too,” Gannon mentioned in a media launch.

“Greater than 1 million Australians presently utilise residence care companies, starting from transport to private care. A few of these persons are ready for as much as a 12 months to entry residence care funding, and sadly a 3rd of this funding is misplaced to administration charges earlier than it may be used.”

Shared Care: Potential financial savings and efficiencies

RLC’s proposed shared care mannequin goals to alleviate the problems by enabling extra environment friendly, community-based care inside retirement villages.

The framework guarantees to make residence care supply as much as 20% extra environment friendly, doubtlessly saving the Commonwealth as much as $100 million yearly.

“This shared care strategy would supply three fashions for retirement village operators to ship community-based care companies below the Assist at House program inside the village setting, both independently or via a supply companion,” Gannon mentioned.

“These fashions have been developed to indicate that vital efficiencies and financial savings to shoppers and authorities could be achieved, even at average ranges of uptake, with no value to authorities.

“It is because retirement villages present scale for delivering these companies effectively and affordably by decreasing journey prices incurred by service suppliers, growing the frequency of service supply and enhancing the standard and suite of companies by leveraging these already in place at these communities.”

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