Access to care for supported residents

The Aged Care Financing Authority (ACFA) is an independent statutory committee whose role is to provide independent, transparent advice to the Australian Government on financing and funding issues in the aged care sector. ACFA considers issues in the context of maintaining a viable, accessible and sustainable aged care industry that balances the needs of consumers, providers, the workforce, taxpayers, investors and financiers. Under its operating framework, ACFA is required to provide advice by 31 December 2015 to the Assistant Minister for Social Services on cost neutral mechanisms to ensure access to care for supported residents, including reviewing the supported resident ratio. This work entails analysing the efficiency, effectiveness, and appropriate level of: the supported resident ratio for each aged care planning region; and the 25 per cent discount applied to the maximum accommodation supplement amount where a service does not provide more than 40 per cent of its eligible care recipient days to supported residents. In order to assess these two mechanisms it is important to have a clear understanding of what is meant by ‘effective’, ‘efficient’ and ‘appropriate’. For the purposes of this paper a basic definition of each term may include: Effective: successful or capable of producing a desired or intended result Efficient: achieving maximum productivity with minimum wasted effort or expense Appropriate: suitable or proper in the circumstances To assist in the development of its advice to the Assistant Minister, ACFA is seeking the views of stakeholders. Background A principle underlying aged care means testing is that people who can afford to contribute to the cost of their care should do so, and those that cannot afford to pay should not be denied access to services. While aged care accommodation is considered a personal expense, in line with the above principle, the Australian Government has a safety net for those who cannot afford to pay all or part of their accommodation costs. For the purposes of this paper, supported residents are considered to be those residents who are eligible for Government support toward the cost of their accommodation. Submissions closed  9 June 2015

Financing Europe's fast movers

This policy brief deals with the link between corporate finance and growth. The discussions about structural reform in Europe, including the EUÂ?s Lisbon strategy, put a legitimate emphasis on labour and product market reforms, but often overlook the role of the financial system in fostering expansion. Thomas Philippon and Nicolas Véron analyse this gap and outline a number of possible policy responses.

Funding Analysis Of Murabahah, Musyarakah, And Mudharabah On Return On Asset On Sharia Banks In Indonesia

The purpose of this study to examine, analyze, and prove the effect of mudharabah financing, musyarakah financing and murabahah financing on return on assets of Sharia Commercial Banks in Indonesia. The sample is taken by purposive sampling; there are eight Sharia Commercial Banks registered at Bank Indonesia which become samples in this study. Regression analysis used to analyze the data. Mudharabah financing and murabahah financing doesn't affect return on assets significantly, while musyarakah financing has a negative significant effect toward return on assets

Financing sustainable energy for all: pay-as-you-go vs. traditional solar finance approaches in Kenya

This paper focuses on finance for Solar Home Systems (SHSs) in Kenya and asks to what extent emerging new finance approaches are likely to address the shortcomings of past approaches. Drawing on the STEPS Pathways Approach we adopt a framing that understands finance within a broader socio-technical context as a necessary but not sufficient component of achieving alternative pathways to sustainable energy access. The paper contributes in four ways. Firstly, it presents a comprehensive overview of past and new emerging approaches to financing SHSs in Kenya and their relative strengths and weaknesses. Secondly, it represents one of the first attempts in the literature to analyse the potential of new, real time monitoring technologies and pay as you go finance models to overcome the barriers faced by conventional consumer finance models for off-grid renewable energy technologies (RETs). Thirdly, by applying for the first time we are aware of a socio-technical approach, via the application of Strategic Niche Management (SNM) theory, to analyse the finance of RETs in developing countries, the analysis considers finance in the context of the social practices poor people seek to fulfil via access to the energy services that off-grid RETs provide, and the ways in which people previously paid for these services (e.g. via kerosene for lighting). This also situates the analysis within the understanding of SHSs as a niche that has to compete with the established regime of energy service provision and its attendant social and political institutional support. The paper therefore also contributes to the small but expanding body of literature that seeks to operationalise socio-technical transitions thinking and SNM within a developing country context

\ud Tanzania Health Insurance Regulatory Framework Review\ud

Make sure that current policy objectives – achieving universal coverage, social health protection, good governance and cost-containment – are reflected in the relevant legislative documents, and provide the requisite legal tools, reflecting the chosen policy options and the institutional consequences of those options. Consider reducing the fragmentation of the health financing legislation which reflects the current fragmentation in health financing and in governance and oversight of the health financing and insurance systems. Develop an explicit policy on competition in health financing to close the current gaps in legislation and to prevent the possibly negative side effects for Tanzania citizens of such competition in the event that the Government of Tanzania (GOT) opts for a competition-based model of health financing. The model ultimately chosen will have consequences not only for health financing practise, but also for the relevant legislation. Consider the establishment of an independent accreditation body for external assessment and gradual improvement of the quality of care of all health services providers, regardless of their sources of financing. Plug the identified gaps in single enactments which can be done without embarking on any big policy changes. The latter can be included in the development of a planned National Health Financing Strategy. During this development process, it will be possible to focus on specific areas of interest and make detailed recommendations. After national adoption of the strategy, new legislation will have to be drawn up.\ud \u

An Analysis of the Financing of Higher Education in Georgia

This report addresses the issue of the financing of higher education in Georgia by comparing financing in Georgia with other states and examining how financing affects the student population in terms of performance, and retention rates. FRC Report 14

Fresh Start: The Impact of Public Campaign Financing in Connecticut

Connecticut has offered a voluntary public financing system for state-wide constitutional and General Assembly offices since 2008. Through financing from the Citizens' Election Fund, candidates that obtain the required number of small donations can receive a lump sum to fund their campaign. The program is very popular and in 2012, 77 percent of successful candidates were publicly financed. This report looks at the impact public financing has had on campaigning, the legislative process, policy outcomes, and the dynamics of the legislature. Empirical data is supplemented with interviews with current and former legislators from both Republican and Democratic parties, elected state officials, and advocates to highlight the impact of public financing in the state. While only a few electoral cycles in, it is clear that public financing is a fundamental step towards a more representative legislative process that is more responsive to constituents

Sustaining local audiovisual ecosystems: shifting modes of financing and production of domestic TV drama in small media markets

Various trends, both technological and economic in nature, have led to a shift in the financing and production of serial television fiction (principally television drama and episodic comedy), resulting in pressure on existing financing of TV fiction. These pressures prove especially difficult for small nations and regions, being characterized by restricted markets, a limited number of active players, and barriers for export and scale. For media policy-makers, these transitions invoke a series of new challenges to sustain existing audio-visual ecosystems. Based on a case study of TV fiction in Flanders, and presenting evidence from a financial analysis of 46 TV fiction productions, this article analyses current financing streams, patterns and dynamics of TV fiction in small media markets. It seeks to reveal the composition of budgets and the relative importance of diverse agents and funders involved in TV fiction production. Critical evaluations are then offered as to whether current financing models and policy support mechanisms are fit to tackle the challenges posed by the increasing number of windows and increased fragmentation of TV fiction financing