Discover and read the best of Twitter Threads about #racs
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"Cost of #agedcare could double" according to .@GuardianAus headline. But what if it was an investment .@AnikaWells .@Tony_Burke .@mark_butler_MP ? #auspol 🧵 1/8
Despite world’s highest number over 80s in #agedcare (~20% v 14.6% in NZ, 6% in US), #auspol only between ~1.2 per cent of GDP aged care – about 2/3 of the OECD average of 1.7 per cent, according to OECD in 2019. 2/8
Average now ~1.5%. Scandi countries spend 3.5% of GDP on #agedcare, "reflecting more advanced, gov managed LTC systems." Switzerland, France, Belgium, Finland, the United Kingdom, Germany & Japan spend 2-2.5%. oecd.org/health/health-… 3/8 
