Understanding fees and charges in aged care
Aged care costs can be broken down into three areas:
Living costs include all day-to-day services such as meals, laundry, cleaning and lifestyle activities.
This fee is set out by the Government and equates to 85% of the single person rate of the aged pension. The fee amount will be reviewed on the 20th March and 20th September each year in line with the pension increase. Everyone in aged care is required to pay this fee unless they are experiencing financial hardship which will be determined by Centrelink.
The current Basic Daily Care Fee at 20 September 2022 is $56.87
This is for your accommodation in the home. Some residents will pay nothing, and their cost will be paid by the government, while others will need to pay an amount based on the assessment completed by Services Australia following a means assessment.
The maximum accommodation price at Manor Court is $400,000.
For flexibility there are three payment options to choose from:
- Daily accommodation payment ($76.93 per day)
- Refundable accommodation deposit ($400K)
- Combination (e.g., $200K refundable deposit + $38.47 per day)
Disclaimer:The information which you calculate from this Calculator is intended for use by you as a guide only, it is not an offer and has no legal effect on any contracts entered into by you ‘ the client’.