Review of Aged Care Funding Instrument
The Minister for Ageing, Justine Elliot, has released the terms of reference for the Government’s review of the Aged Care Funding Instrument (ACFI).
Minister Elliot said, “The Aged Care Funding Instrument was the biggest change in the method of funding aged care in more than a decade”.
The ACFI was introduced on 20 March 2008 to replace the Resident Classification Scale as the means of allocating Australian Government care subsidies to residential aged care facilities.
When ACFI was introduced, the Government committed to a review once aged care providers had experience with its operation to make sure that it is delivering as it was designed to do.
The review is expected to be completed by mid 2010. A discussion paper to inform submissions will be released in conjunction with a call for public submissions later this year.
The terms of reference are available at http://www.health.gov.au/acfi
