The new arrangement effect from 1st July 2014 mean that your income and assets will be taken into account in establishing the fees and payments you may be asked to pay. The basic daily fee has not been affected by these new arrangements.
You may be asked to pay one or more of the following fees in residential care:
A basic daily fee – This covers living costs such as meals, power and laundry. For some people, this is the only fee they are required to pay.
A means-tested care fee – This is an additional contribution towards the cost of care that some people may be required to pay. The Department of Human Services will work out if you are required to pay this fee based on assessment of your income and assets, and will advise you of the amount.
An accommodation payment – This is for your accommodation in the home. Some people will have their accommodation costs met in full or part by the Australian Government, while others will need to pay the accommodation price agreed with the aged care home. The Department of Human Services will advise you which applies to you based on assessment of your income and assets.
For further information, please visit the My Aged Care website: www.myagedcare.gov.au
Pricing effective as of:
Current Basic Daily Care Fee: $49.29 a set by the Department of Human Services
- *RAD = Refundable Accommodation Deposit
- **DAP = Daily Accommodation Payment