Previous Residential Care Fees and Charges Advices
As at: 20 March 2008
Archived residential care fees and charges
Table of fees and charges for residential care
Description | Rates (from 1 Jan 2008) | Rates for existing | Rates for |
Maximum basic daily fee#: |  | | |
| - all respite residents (pensioners and non-pensioners) | up to $31.52 | up to $32.05 | up to $32.05 |
| - other residents who receive a full or part means-tested Australian pension ## | up to $31.52 | up to $32.05 | up to $32.05 |
| - other non-pensioner residents ### | up to $39.28 | up to $39.94 | up to $32.05 |
| 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 $30.72 | up to $31.25 | $31.25 |
| - non-pensioners### | up to $38.48 | up to $39.14 | $31.25 |
| 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 | N/A |
| - residents receiving a part means-tested Australian pension | | | |
| may be asked to pay | up to $24.26 | up to $24.66 | up to $24.66 |
| - non-pensioner residents | | | |
| may be asked to pay | up to $55.28 | up to $56.21 | up to $56.57 |
| | | |
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 | $135,000 | $137,500 | N/A |
| Minimum assets a person must be left with when calculating the maximum Accommodation Bond | $33,500 | $34,500 | $34,500 |
| | | |
Asset cutoff level | | | |
| - for fully supported * resident status | N/A | N/A | $34,500 |
| - for partially supported * resident status | N/A | N/A | $90,410.40 |
| - for concessional * resident status | $33,500 | $34,500 | N/A |
| - for assisted * resident status | $54,000 | $55,000 | N/A |
| Maximum permissible interest rate for Accommodation Payment agreements entered into | From 1 January 2008 to 31 March 2008 | 20-31 March/1 April -30 June 2008 | 20-31 March/1 April -30 June 2008 |
| - Accommodation Bond | 11.15% | 11.15% / 11.69% | 11.15% / 11.69% |
## 'Pensioner' maximum rate also applies to blind pensioners & non-pensioner residents who have a dependent child
### 'Non-pensioner' maximum rate also may apply for pre 20 March 2008 pensioners who agree to pay a bond above the 'pensioner allowable limit'
#### Including pre 20 March 2008 residents who leave permanent care for more than 28 days.
* See Residential Care Manual
Age pension rates | | | |
| Age pension per fortnight (maximum basic rate) | $519.20 | $528.00 | $528.00 |
| Age pension per fortnight (maximum basic rate + GST supplement) | $537.70 | $546.80 | $546.80 |
Schedule of Resident Charges: From 20 March 2008
Description | Rates | Rates for existing | Rates for |
Asset cutoff level | |||
| - for fully supported resident status | N/A | N/A | $34,500 |
| - for partially supported resident status | N/A | N/A | $90,410.40 |
| - for concessional resident status | $33,500 | $34,500 | N/A |
| - for assisted resident status | $54,000 | $55,000 | N/A |
| Maximum permissible interest rate - for Accommodation Payment agreements entered into | From 1 Jan 2008 | From 20 Mar 2008 | From 20 Mar 2008 |
| - Accommodation Charge | 7% | 8% | 8% |
Maximum accommodation charge for new entrants to your home* 20 March 2008 - 30 June 2008 | Rates for post 2008 reform residents |
| - for concessional residents and charge exempt residents | N/A |
| - for fully supported residents | N/A |
Residents who first entered residential aged care from 20/3/2008 # | |
| . non-supported residents, if their assets at entry are at least $90,410.40 | |
| -that are not in receipt of a means-tested Australian pension | $26.88 |
| -that are in receipt of a means-tested Australian pension | $19.56 |
| . supported residents, if their assets at entry are equal to or less than $90,410.40 | calculated amount ## |
Maximum Accommodation Charge for pre 20 March 2008 residents who enter your home* during the period 20 March 2008 - 30 June 2008 | Rates (from 20 March 2008) |
| - for concessional residents and charge exempt residents | N/A |
Residents who first entered residential aged care from 1/7/2004 | |
| . assisted residents, if their assets at entry are at least $53,353 | $10.33 |
| . assisted residents, if their assets at entry are less than $53,353 | calculated amount** |
| . other residents, if their assets at entry are at least $67,460 | $18.06 |
| . other residents, if their assets at entry are less than $67,460 | calculated amount** |
Residents who first entered residential aged care before 1/7/2004 ### | |
| . assisted residents, if their assets at entry are at least $48,900 | $7.89 |
| . assisted residents, if their assets at entry are less than $48,900 | calculated amount** |
| . other residents, if assets at entry are at least $63,262 | $15.76 |
| . other residents, if assets at entry are less than $63,262 | calculated amount** |
## As advised by the Department of Health and Ageing.
### Accommodation charge limited to a maximum period of five years and is fixed at date of entry.
* From 20 March 2008, accommodation charges are capped, even if a resident moves from one home to another, provided that there is not a break in care of more than 28 days (excluding leave).
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