Supplementary Pre-Budget Submission 2020-21
In this Supplementary 2020-21 Federal Budget Submission, PCA highlights that investment in palliative care also makes economic sense. Investment in palliative care saves money in other parts of the health and aged care system. The report, Investing to Save: The Economics of Increased Investment in Palliative Care in Australia, was commissioned by PCA and undertaken by KPMG. The report presents the economic case for increased investment, and highlights opportunities for governments to make significant returns on their investment in palliative care. The report demonstrates that investment in palliative care can significantly reduce the hospitalisation costs of dying by nearly 12%, while also improving the quality of death. These findings come at a time of growing need for palliative care in Australia, with ageing populations and increased demand further exacerbated by the impacts of the COVID-19 pandemic.
