If the amount of aged care levy you paid plus your assets are taken into account when determining your copayment for home care or aged care, wouldn't this make it fairer? Ie a person who started paying a levy at a young age would then pay less later, than someone older who hasn't paid as much of a levy and has more assets.

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Simply taxing the income for the purpose of funding aged care is definitely not a fair system. I agree with Angela Cathart that assets such as the value of the home, superannuation funds and other assets should be included in the assessment of fees when the retiree commence receiving aged care services or enter into aged care. Of course the family will cry foul when their inheritance is affected even if it is for the care of their aged relatives. That is the nature of human beast.

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The current system does take assets & income into consideration for aged care & works out a co-payment in fact you need to sell your primary residence to pay a (RAD) to "rent "a retirement residence space the problem is bludgers that didn't work or didn't save or acquire assets are subsidised why not set up a future fund similar to the superannuation one.

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