Commonwealth Government approved aged care facilities have different payment structures and arrangements. It is important that all consumers get the right advice prior to making a commitment to entering a Home.
The Australian Government subsidises a range of aged care services in Australia. If your personal circumstances allow, it is expected you’ll contribute towards the cost of your care if you can afford to do so. How much you pay depends on your financial situation. However, there are strong protections in place to make sure that care is affordable for everyone. The Australian Government sets the maximum fees for care and daily living expenses, and there are also rules about how much you can be asked to pay for your accommodation.
What types of fees are there?
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 (Centrelink) will work out if you are required to pay this fee based on an 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 (Centrelink) will advise you which applies to you based on an assessment of your income and assets.
Fees for extra or additional optional services: Additional fees may apply if you choose higher standards of accommodation or additional services. These vary from home to home. Your aged care provider can provide you with details of these services and the fees that apply.