Seniors groups say at least $2 billion in extra funding is needed each year to fix the waiting list for in-home aged care, as Prime Minister Scott Morrison pledged to provide more funds to address the crisis in the sector.

Mr Morrison said there would be more money for home care packages in the mid-year budget update, due in December, but did not specify the amount.

Prime Minister Scott Morrison has promised more money for aged care by the end of the year. Credit:AAP

The Prime Minister said he had spoken to Treasurer Josh Frydenberg, Finance Minister Mathias Cormann and Aged Care Minister Richard Colbeck in the hours after a damning royal commission report, handed down on Thursday, warned people were dying waiting to get help in their homes.

Older Person's Advocacy Network chief executive Craig Gear said between $2 billion and $3 billion extra each year was needed to "get us out of this mess" and to "bring down the waiting list and keep it down as well".