Treasurer Jim Chalmers has described spending on aged care and the NDIS as “investments”, but Danielle Wood is far less optimistic on the sector’s productivity outlook.
The Australian Financial Review’s Post
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Thanks for sharing Danielle Wood Anyone who is juggling holding down a job and caring for one or two elderly parents no longer able to care for themselves and trying to support adult kids who can’t afford child care , rent or pay for their first home would get why we need to be investing in the care economy now. It pays society back in so many ways that are hard to measure . This is also if we want a fairer more equitable society because much of this unpaid work is left to womrr women. Scandinavian countries lead innovative policies investing in the care economy. #careeconomy
A couple of days ago I sat down with the @AFR to discuss the care economy. I think it’s important to add some more context to the story and editorial that appeared today. There are many good reasons to invest in care. Educators in childcare centres prepare our children for school, disability support workers help people with a disability live the lives they want to live, and personal carers in aged care homes look after our grandparents. No one would deny the important social and economic gains from their work. Yes, productivity growth in the care economy will likely be lower than in other sectors – care work is human work. If you speed it up, it often loses its value. But that doesn’t mean you shouldn’t look for productivity wins where you can. It is sensible and necessary for governments to continue to invest in improving the efficiency and quality of these services. https://lnkd.in/gnCp_hyy
‘Care economy’ won’t boost productivity: Wood
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Lets take a peek behind the ERISA curtain on article that asks: Will self-funded plans get caught up in carrier and TPA legal battles? The DOL's complaint against BCBSM, Inc., as well as the series of lawsuits against other TPAs and insurers, may redefine the landscape of fiduciary responsibilities and the role of TPAs in plan administration. A deep dive into what some argue may not change anything? #erisa #healthcare #healthcareindustry #healthcarefinance #healthcareinsights #healthcarecompliance #healthcareadministration #healthcarebenefits #healthcarelitigation #BCBSM https://lnkd.in/gVVBpyf6
Will self-funded plans get caught up in carrier and TPA legal battles? | BenefitsPRO
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We try to keep it simple-Put our clients first and explore opportunities to creating lasting financial peace and stability.
https://lnkd.in/ev3Xa3cy Take the time to consider how you plan to pay for long term care. This was on CNBC's website today
Making a plan to pay for long-term care: Insurance and other alternatives
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Dad/husband, attorney, NBA jersey collector, disc golfer, aspiring Survivor contestant, and compliance expert for all-things LOA/disability
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🩺 Are you part of a health care system offering benefits like paid time off, paid leave, life insurance, and disability programs to your physicians? Or are you looking to understand more about these benefits? Join Marsh McLennan Agency's survey and be the first to get exclusive insights. We've been receiving many questions about physician benefits, and it's time to take a closer look at the current landscape. We need your insights to do this! #HealthCare #PaidLeave
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