The Australian Government will provide a further $14.3 billion over seven years to ensure the full implementation of DisabilityCare Australia.
disability insurance scheme will gain additional funding with a 0.5 per cent increase to the Medicare levy next year.
The increase is expected to raise $20.5 billion between 2014-15 and 2018-19.
Australian States and Territories are also expected to contribute $9.7 billion over ten years to help sustain long-term funding for the scheme.
The Government believes DisabilityCare Australia will give people with disabilities the support and care they may need over a lifetime.
The scheme is said to provide individual control over support and work based on personal demand.
All States and Territories are now committed to the scheme, with the exception of Western Australia.
This means 90 per cent of the Australian population will be covered during the rollout of the scheme if they are born with or acquire a disability.
The Government believes it will be able to reach an agreement with Western Australia to achieve national coverage by 2019.
The Government has promised it will provide $11.7 billion to the scheme once the first year of full national rollout has passed.
DisabilityCare Australia will launch first in July 2013 across four jurisdictions and from July 2014 in
a further two jurisdictions.
The Government is currently working on the development of a National Injury Insurance Scheme, which is said to provide care and support to those who have acquired a new “catastrophic” injury from
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