Fees and charges

Fees and charges

View below the fees and charges for all aged care homes at Bendigo Health.

Carshalton House

Fees and charges

Fees and charges are legislated by the Federal Government, under the Living Longer Living Better reform package. Residents can choose to pay for their accommodation by a refundable deposit, a daily payment, or a combination of both. A refundable deposit is paid as a lump sum amount. A daily payment accrues daily and is paid periodically, for example monthly. A combination payment includes both a partial lump sum and daily payments.

The amount that consumers contribute towards the cost of residential aged care will depend on a care recipient’s individual circumstances.

From 1 July 2014, the Federal Government will combine the current income and assets test to ensure a consistent fees policy for anyone entering residential care after this date.

This will address the issue of asset-rich, income-poor residents paying for all of their accommodation and nothing for care, and income-rich, asset-poor residents paying for their care but not for accommodation.

The new means testing arrangement for residential care will ensure greater fairness and consistency in how older Australians contribute to the cost of the service they need.

The maximum Refundable Accommodation Deposit (RAD) at Carshalton House is $375,000.  Based on this the equivalent Daily Accommodation Payment (DAP) would be $56.92.

An example of a combination would be where 50% of the Refundable Accommodation Deposit or $187,500 is paid. 

In this example the resident would pay a lump sum of $187,500 as well as a daily accommodation payment of $28.46.

For more information visit www.myagedcare.gov.au or www.livinglongerlivingbetter.gov.au

Golden Oaks Nursing Home

Fees and charges

Fees and charges are legislated by the Federal Government, under the Living Longer Living Better reform package. Residents can choose to pay for their accommodation by a refundable deposit, a daily payment, or a combination of both. A refundable deposit is paid as a lump sum amount. A daily payment accrues daily and is paid periodically, for example monthly. A combination payment includes both a partial lump sum and daily payments.

The amount that consumers contribute towards the cost of residential aged care will depend on a care recipient’s individual circumstances.

From 1 July 2014, the Government will combine the current income and assets test to ensure a consistent fees policy for anyone entering residential care after this date.

This will address the issue of asset-rich, income-poor residents paying for all of their accommodation and nothing for care, and income-rich, asset-poor residents paying for their care but not for accommodation.

The new means testing arrangement for residential care will ensure greater fairness and consistency in how older Australians contribute to the cost of the service they need.

The maximum Refundable Accommodation Deposit (RAD) at Golden Oaks Nursing Home is $250,000.  Based on this the equivalent Daily Accommodation Payment (DAP) would be $37.95.

An example of a combination would be where 50% of the Refundable Accommodation Deposit or $125,000 is paid.

In this example the resident would pay a lump sum of $125,000 as well as a daily accommodation payment of $18.97.

For more information visit www.myagedcare.gov.au or www.livinglongerlivingbetter.gov.au

Simpkin House

Fees and charges

Fees and charges are legislated by the Federal Government, under the Living Longer Living Better reform package. Residents can choose to pay for their accommodation by a refundable deposit, a daily payment, or a combination of both. A refundable deposit is paid as a lump sum amount.

A daily payment accrues daily and is paid periodically, for example monthly. A combination payment includes both a partial lump sum and daily payments.

The amount that consumers contribute towards the cost of residential aged care will depend on a care recipient’s individual circumstances.

From 1 July 2014, the Federal Government will combine the current income and assets test to ensure a consistent fees policy for anyone entering residential care after this date.

This will address the issue of asset-rich, income-poor residents paying for all of their accommodation and nothing for care, and income-rich, asset-poor residents paying for their care but not for accommodation.

The new means testing arrangement for residential care will ensure greater fairness and consistency in how older Australians contribute to the cost of the service they need.

The maximum Refundable Accommodation Deposit (RAD) at Simpkin House is $450,000.  Based on this the equivalent Daily Accommodation Payment (DAP) would be $68.30.

An example of a combination would be where 50% of the Refundable Accommodation Deposit or $225,000 is paid.  

In this example the resident would pay a lump sum of $225,000 as well as a daily accommodation payment of $34.15.

For more information visit www.myagedcare.gov.au or www.livinglongerlivingbetter.gov.au

Stella Anderson and Joan Pinder

Fees and charges

Fees and charges are legislated by the Federal Government, under the Living Longer Living Better reform package. Residents can choose to pay for their accommodation by a refundable deposit, a daily payment, or a combination of both. A refundable deposit is paid as a lump sum amount. A daily payment accrues daily and is paid periodically, for example monthly. A combination payment includes both a partial lump sum and daily payments.

The amount that consumers contribute towards the cost of residential aged care will depend on a care recipient’s individual circumstances.

From 1 July 2014, the Federal Government will combine the current income and assets test to ensure a consistent fees policy for anyone entering residential care after this date.

This will address the issue of asset-rich, income-poor residents paying for all of their accommodation and nothing for care, and income-rich, asset-poor residents paying for their care but not for accommodation.

The new means testing arrangement for residential care will ensure greater fairness and consistency in how older Australians contribute to the cost of the service they need.

The maximum Refundable Accommodation Deposit (RAD) at either Stella Anderson or Joan Pinder is $450,000.  Based on this the equivalent Daily Accommodation Payment (DAP) would be $68.30.

An example of a combination would be where 50% of the Refundable Accommodation Deposit or $225,000 is paid.

In this example the resident would pay a lump sum of $225,000 as well as a daily accommodation payment of $34.15.

For more information visit www.myagedcare.gov.au or www.livinglongerlivingbetter.gov.au