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Keywords:

  • aged care;
  • insurance;
  • financing reform
  • H5;
  • I1

Reform of the aged-care financing system should be informed by objective, quantifiable evidence about how various strategies perform in achieving public policy goals such as target efficiency, prevention of catastrophic out-of-pocket expenditures, and system balance. In this context, I will discuss the relative merits of public and private insurance and what is needed to move the discussion of financing reform ahead in an objective quantifiable way.