New disability insurance program to be launched in Australia, will provide high-quality coverage to thousands

A new multi-billion dollar insurance initiative is underway from the Australian government. The Victoria region has been chosen for this insurance plan which is targeting at the nations disabled. Officials hail the plan as the most sweeping social reform since the advent of Medicare. The plan is a $6 billion behemoth which will seek to provide high-quality, long-term care for those that have significant disabilities regardless of the origin of the disability. The plan comes on the recommendation of the Productivity Commission, the government’s independent research and advisory board. The…

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Australia’s disability program gets a shot in the arm

The Australian government’s Productivity Commission launched an inquiry into the nation’s disability insurance schemes and has release their findings in a report published this week. The commission found that the country’s current support system is unsustainable and does not provide enough support to the great amount of people suffering from disabilities. The commission is proposing a $12 billion a year insurance scheme. Currently, the government spends $6.2 billion per year insuring the disabled. An additional $6.3 billion will be needed to help another 360,000 disabled Australians. The insurance coverage would…

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