We can help you to understand and find the right payment option for your individual needs.
There are a range of payment options including government funding should you or your loved one be considering residential aged care.
Your Payment Options
The amount you may be asked to pay depends on a number of things, including the type of care you require and the accommodation option you have selected. There are four types of fees and costs associated with Residential Aged Care which include:
Basic Daily Care Fee
Means-tested care fee
Extra or optional services fee
Understanding your funding options
Understanding the funding system can be complex and confusing and that is why we will help you every step of the way. We have compiled some useful tips and tricks on how to best navigate your application to residential aged care.
How do I know if I'm eligible for government funded residential aged care?
The Australian Government in some instances will subsidise the cost of residential aged care. To find out if you are eligible for funding from The Government you will need an Aged Care Assessment Team (ACAT) assessment.
ACAT is an independent body that is not affiliated with any Australian aged care facility, they provide an independent and free assessment.
To arrange an assessment with ACAT call 1800 200 422 or via www.myagedcare.gov.au.
What happens during my assessment?
Initially the assessor may ask your permission to talk to your doctor about your medical history before they meet with you, understand this is a normal step in the process.
Your assessment will take place either in your own home or in hospital – should that be were you are. The assessor will ask about your current health and if you are requiring any assistance, they will take you through your daily routine and what social activities or hobbies you are interested in.
After your assessment your ACAT assessor will tell you what the next step will be. They will take your assessment back to the Aged Care Assessment Team and make a decision about the type and level of care they believe you are eligible for.
To arrange an assessment with ACAT call 1800 200 422 or via www.myagedcare.gov.au
How will I pay for my accommodation?
The amount you may be asked to pay for your accommodation is dependant on your income and asset test carried out by The Department of Human Services.
There are three ways you can pay:
- A lump-sum – refundable accommodation deposit – known as a RAD for short
- A regular rental – type payment called a daily accommodation payment – known as a DAP for short
- A combination of both
How will I know how much I need to pay?
You will be advised by the Department of Human Services what you will be expected to pay for your accommodation and services for residential aged care.
This cost is determined by a third-party government organisation.
You may have to pay the full price of accommodation or the Australian Government might subsidise part of it depending on your financial situation.