Financial Report – 30 June 2023
View the Financial Report – 30 June 2023
What does it cost to enter residential care?
Basic Daily Fees contribute to your daily living costs. They include a basic daily fee for residents based on approximately 85% of the full aged pension. Additional Means Tested Care Fees may be payable dependent on a person's private income and assets. You can be asked to pay an accommodation payment (either a Refundable Accommodation ...
What is the difference in a daily fee and an accommodation payment?
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. An accommodation payment or entry fee:this is for your accommodation in the aged care home. Some people will have their accommodation costs met in full or in part ...
What is a Refundable Accommodation Deposit (RAD) and a Daily Accommodation Payment (DAP)?
A Refundable Accommodation Deposit (RAD) is a lump sum style deposit. A Daily Accommodation Payment (DAP) is the equivalent of a RAD, but paid by interest only on a daily basis. Accommodation payments can be either a full RAD, a full DAP, or a combination of the two types of payments. Further information can ...
What are my rights and reimbursements when I leave?
No matter which aged care home you live in, your rights and responsibilities are the same. To protect these rights and responsibilities, there is legislation that all Australian Government-subsidised aged care homes must follow, such as the Aged Care Act 1997 (the Act). Should you leave our facility, your accommodation payment is refunded within 14 ...
What are the financial consequences if I want to go home or leave the facility?
There are no penalty costs involved, we require 7 days notice in writing that you are leaving our facility.
Will I have to continue paying my fees if I am in hospital or going on social leave?
Yes payment is still required whilst you are in hospital or away on holidays
Exactly what is included in the daily fees?
The following specifies the services that must be provided for all care recipients who need them. Administration General operation of the Residential Care service, including documentation relating to care recipients. Maintenance of buildings and grounds Adequately maintained buildings and grounds. Accommodation Utilities such as electricity and water. Furnishings Bedside lockers, chairs with arms, containers for personal laundry, ...
If I take my own possessions and some furniture, do I get private contents insurance?
That is a personal choice if you wish to insure your own property.