Previous Residential Care Fees and Charges Advices
As At: 20 March 2005
Archived residential care fees and charges
Description | Old Rates (to 19 March 2005) | New Rates (from 20 March 2005) |
| Maximum Basic Daily Care Fee#: | ||
| - all respite residents (pensioners and non-pensioners) | up to $27.54 | up to $27.86 |
| - other residents who receive a full or part means-tested Australian pension ## | up to $27.54 | up to $27.86 |
| - other non-pensioner residents ### | up to $34.36 | up to $34.76 |
| 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 $26.74 | up to $27.06 |
| - non-pensioners### | up to $33.56 | up to $33.96 |
| 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 $21.27 | up to $21.52 |
| if they have private income per year of: (single) | $34,141 | $34,505 |
| (married - combined) | $67,554 | $68,282 |
| - non-pensioner residents | ||
| may be asked to pay | up to $48.26 | up to $48.82 |
| if they have private income per year of: (single) | $73,439 | $74,254 |
| (married - combined) | $146,149 | $147,780 |
| 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 | $118,000 | $119,500 |
| Minimum assets a person must be left with when calculating the maximum Accommodation Bond | $29,500 | $30,000 |
| Maximum Accommodation Charge for new entrants to your home* | ||
| - for concessional residents and charge exempt residents | N/A | N/A |
| - for residents who first enter residential aged care from 1/7/2004 | ||
| . assisted residents, if their assets at entry are at least $46,972 | $9.30 | $9.30 |
| . assisted residents, if their assets at entry are less than $46,972 | calculated amount** | calculated amount** |
| . other residents, if their assets at entry are at least $59,657 | $16.25 | $16.25 |
| . other residents, if their assets at entry are less than $59,657 | calculated amount** | calculated amount** |
| - for residents who first entered residential aged care before 1/7/2004 | ||
| . assisted residents, if their assets at entry are at least $42,957 | $7.10 | $7.10 |
| . assisted residents, if their assets at entry are less than $42,957 | calculated amount** | calculated amount** |
| . other residents, if assets at entry are at least $55,896 | $14.19 | $14.19 |
| . other residents, if assets at entry are less than $55,896 | calculated amount** | calculated amount** |
| Asset cutoff level | ||
| - for concessional *** resident status | $29,500 | $30,000 |
| - for assisted *** resident status | $47,000 | $48,000 |
| Maximum permissible interest rate for Accommodation Payment agreements entered into | ||
| - Accommodation Bond | From 1 January 2005 to 31 March 2005 | From 1 April 2005 to 30 June 2005 |
9.43% | 9.63% | |
| - Accommodation Charge | From 20 March 2004 | From 20 March 2005 |
6% | 6% | |
| Pensioner Supplement (per day) | From 1 July 2004 to 30 June 2005 | From 1 July 2004 to 30 June 2005 |
$6.08 | $6.08 | |
| Age pension per fortnight (maximum basic rate) | $453.60 | $459.00 |
| Age pension per fortnight (maximum basic rate + GST supplement) | $470.70 | $476.30 |
## '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 for resident's stay in the one home, regardless of annual indexation of the max. rate for new entrants
** Margin of assets over $30,000 divided by 1,825 (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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