Mr Abbott said the Coalition would spend more than $300 million to get 3,000 bed placements already allocated operational for high care patients.
"We are investing the same as the Government proposes to invest, but we think this will produce more concrete results," he said.
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"It's very important we give senior Australia the kind of help and assistance that we need."
Under the scheme, the Opposition also pledged $14 million for pet therapy programs, in addition to a further $12 million to promote wellbeing and funding for companionship programs.
The Opposition Leader, who has been on the hustings in Sydney on Sunday, says the policy is sustainable.
The Coalition also says it would negotiate a landmark four year aged care provider agreement.
"We believe it's very important that we work with the sector for much needed reform," said Coalition aged care spokesperson Concetta Fierravanti-Wells.
"We need to give the sector a viable future, a feasible future so it is for the benefit of all Australians."
PM to boost super
The announcement comes following Prime Minister Julia Gillard pledging the government would allow workers to choose a low fee superannuation program.
Ms Gillard praised the MySuper scheme, saying it will lower fees of up to 30 per cent and would boost retirement savings for a 30 year old full time worker by $40,000.
"It's not like you get a monthly bill," she said.
"Those charges eat away at your super savings and make a real difference as to how much money you're going to have to retire on in the future."
Earlier, Treasurer Wayne Swan said the scheme was a key recommendation of the Cooper review of Australia's superannuation regime.
The new product will have no unnecessary fees or charges.
Abbott 'too tightlipped'
Meanwhile Minister for the Status of Women Tanya Plibersek hit at out Mr Abbott, saying he's been too tight lipped about his election plans.
"I think we all know Tony Abbott has sometimes exhibited impulse control problems and he's been told by Liberal party strategists that he has to say as little as possible during this campaign," Ms Plibersek said.
"We know that the real Tony Abbott will be right back there on August 22 with all his extreme views, all his plans to cut health, to cut education, to cut the National Broadband Network, to cut Australian jobs."
"He's on a short leash because he doesn't dare tell Australians what he's got planned for them from August 22."
