Previous Residential Care Fees and Charges Advices
As At: 20 March 2004
Archived residential care fees and charges
Description | Old Rates (to 19 March 2004) | New Rates (from 20 March 2004) |
| Maximum Basic Daily Care Fee#: | ||
| - all respite residents (pensioners and non-pensioners) | up to $26.47 | up to $27.15 |
| - other residents who receive a full or part means-tested Australian pension ## | up to $26.47 | up to $27.15 |
| - other non-pensioner residents ### | up to $33.05 | up to $33.89 |
| Residents who were receiving care in a hostel on 30 September 1997 and who are NOT currently at a home that was a nursing home before 1 October 1997. | ||
| - residents receiving full or part means-tested Australian pension | up to $25.67 | up to $26.35 |
| - non-pensioners | up to $32.25 | up to $33.09 |
| Residents who are currently receiving care in the same 'hostel' where they were living on 30 September 1997 and who are paying 'grandparented' variable fees | (see Residential Care Manual section 7.3.3) |  |
| Maximum Daily Income Tested Fee: | ||
| - residents receiving a full means-tested Australian pension | N/A | N/A |
| - residents receiving a part means-tested Australian pension | ||
| may be asked to pay | up to $20.47 | up to $20.98 |
| if they have private income per year of: (single) | $32,924 | $33,667 |
| (married - combined) | $65,121 | $66,606 |
| - non-pensioner residents | ||
| may be asked to pay | up to $46.36 | up to $47.56 |
| if they have private income per year of: (single) | $70,620 | $72,367 |
| (married - combined) | $140,512 | $144,007 |
| Pensioner allowable limit for accommodation bonds: | ||
| The non-pensioner rate of basic daily care fee (above) may apply for pensioner residents whose accommodation bond is over this amount | $113,500 | $116,500 |
| Minimum assets a person must be left with when calculating the maximum Accommodation Bond or Charge | $28,500 | $29,000 |
| Maximum daily Accommodation Charge* | ||
| - $nil for concessional residents and charge exempt residents | ||
| - for assisted residents | ||
| $6.96 a day, if assets at time of entry are at least | $41,202 | $41,702 |
| calculated amount** if assets at time of entry of less than | $41,202 | $41,702 |
| - other residents | ||
| $13.91 a day, if assets at time of entry of at least | $53,886 | $54,386 |
| calculated amount** if assets at time of entry are less than | $53,886 | $54,386 |
| Asset cutoff level | ||
| - for concessional *** resident status | $28,500 | $29,000 |
| - for assisted *** resident status | $45,500 | $46,500 |
| Maximum permissible interest rate for Accommodation Payment agreements entered into | ||
| - Accommodation Bond | From 1 January 2004 to 31 March 2004 | From 1 April 2004 to 30 June 2004 |
9.31% | 9.57% | |
| - Accommodation Charge | From 20 March 2002 | From 20 March 2004 |
5% | 6% | |
| Pensioner Supplement (per day) | From 1 July 2003 | From 1 July 2003 |
$5.96 | $5.96 | |
| Age pension per fortnight (maximum basic rate) | $436.10 | $447.30 |
| Age pension per fortnight (maximum basic rate + GST supplement) | $452.80 | $464.20 |
## 'Pensioner' maximum rate also applies to blind pensioners & non-pensioner residents who have a dependent child
### 'Non-pensioner' maximum rate also may apply for pensioners who agree to pay a bond above the 'pensioner allowable limit'
* Rate remains unchanged during a resident's stay in the one home, regardless of annual indexation of the maximum rate
for new entrants
** Margin of assets over $29,000 divided by 5 then divided by 365 (See section 8.3.3.4 of Residential Care Manual).
*** See Residential Care Manual for additional criteria for concessional (6.3.5.1.2) and assisted (6.3.5.1.4) status.
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