Effective 20th March 2024
$61.96 per day = $867.44 per fortnight
Accommodation Fees:
People moving into an aged care home can be asked to pay:
A basic fee – paid by all people who receive residential care. This amount is equal to 85% of the Single Aged Care Pension. For some residents, this is the only fee they may need to pay.
A means tested care fee - This is an extra contribution towards the cost of care that residents may be asked to pay, on top of the basic fee, depending on their income and assets. This amount is assessed by the Dept of Health and a letter provided to both the resident and the facility to advise the amount due to pay.
We are also able to give you a quote based on the resident's assets.
An accommodation payment - This is the payment for accommodation in the aged care home.
As of 1st October 2017, depending on the resident's assets and income assessment, residents may be asked to pay an Accommodation Payment or Contribution of $350,000.00. This is our flat-rate bed price.
Some residents will have their accommodation costs paid in full, or in part by the Australian Government. Others will need to pay the accommodation price they negotiate with our aged care home. The amount residents may need to pay is assessed by Centrelink or the Department of Veteran's Affairs.
To obtain an assessment form, you can pick one up from any Centrelink office, or download one here.
Fees for extra or additional optional services – an extra payment residents can be asked to pay if a higher standard of accommodation is chosen or additional services such as hairdressing, or pay TV in rooms is elected.
How Fees Can Be Paid
From 1 July 2014, people who move into an aged care home for the first time will hear some new terms about the ways accommodation costs can be paid.
Refundable Accommodation Deposit (RAD) – a lump sum payment for accommodation in an aged care home. This is the price of a room, in lump sum form, that residents have agreed with their aged care home to pay. Residents can pay their accommodation price in full by RAD or they can pay via combination of a smaller RAD and Daily Accommodation Payment (DAP) or they can pay in full by DAP.
If the residents and their aged care home agree, the resident can ask their provider to deduct certain amounts from the lump sum they already paid – for example, DAP accommodation fees. The RAD, minus any amounts deducted (as agreed), is refunded when the residents leaves the aged care home.
Daily Accommodation Payment (DAP) – the daily payment for accommodation in an aged care home. The aged care facility will work out the DAP based on a legislated formula that converts any amount unpaid of the RAD price, to a DAP price. The resident makes this payment on a regular basis, up to a month in advance, similar to paying rent.
The DAP is not refunded when the resident leaves the aged care home or decides to pay a RAD.
The resident can choose to pay a combination of a RAD and a DAP for their accommodation costs, or solely a RAD or solely a DAP. We encourage you to seek independent financial advice to suit your circumstances.
Refundable Accommodation Contribution (RAC) – also a lump sum payment for accommodation in an aged care home, just like a RAD. The difference between a RAC and a RAD is that a RAC is the term used when a person who is receiving Australian Government assistance with their accommodation costs makes a ‘contribution’ towards their accommodation costs (with the Australian Government also making a contribution on their behalf).
RAD is the term used when the person making the lump sum payment is not eligible for Australian Government assistance and is meeting the full costs of their accommodation on their own. The RAC, minus any amounts deducted (as agreed) is refunded when the residents leaves the aged care home – just like a RAD.
Daily Accommodation Contribution (DAC) – the daily contribution for accommodation in an aged care home that residents would need to pay, if they also receive Australian Government assistance with their accommodation costs. Residents make this contribution on a regular basis, up to a month in advance, similar to contributing to rent.
The DAC is not refunded when the resident leaves the aged care home or decides to pay a RAC.
Residents can choose to pay a combination of a RAC and a DAC for their accommodation costs.