Better health and ageing for all Australians

Previous Residential Care Fees and Charges Advices

As at: 1 July 2007

Archived residential care fees and charges

In this section:

Schedule of resident fees and charges: from 1 July 2007

Description

Old Rates (to 30 June 2007)

New Rates (from 1 July 2007)

Maximum Basic Daily Care Fee#:

- all respite residents (pensioners and non-pensioners)up to $30.77up to $30.77
- other residents who receive a full or part means-tested Australian pension ##-up to $30.77up to $30.77
- other non-pensioner residents ###up to $38.35up to $38.35
Residents who were receiving care in a hostel on 30 September 1997 and whoare 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 $29.97up to $29.97
- non-pensioners###up to $37.55up to $37.55
Residents who are currently receiving care in the same ‘hostel’ where they were living on 30 Septmeber 1997 and who are paying ‘grandparented’ variable fees(see The Residential Care Manual section 7.3.3)

Maximum Daily Income Tested Fee:

- residents receiving a full means-tested Australian pensionN/AN/A
- residents receiving a part means-tested Australian pensionup to $23.70up to $23.70
    may be asked to pay if they have private income per year of:
      (single)
$37,835$37,939
      (married - combined)
$74,942$75,046
- non-pensioner residents
    may be asked to pay if they have private income per year of:
up to $53.96up to $53.96
      (single)
$81,894$81,998
      (married - combined)
$163,060$163,164

Pensioner allowable limit for accommodation bonds:

The non-pensioner rate of basic daily care fee (above) may apply for pensionerresidents whose accommodation bond is over this amount$132,000$132,000
Minimum assets a person must be left with when calculating the maximum Accommodation Bond$33,000$33,000

Maximum Accommodation Charge for new entrants to your home*

1July 2007 - 30 June 2008

- for concessional residents and charge exempt residentsN/AN/A
- for residents who first entered residential aged care from 1/7/2004
    . assisted residents, if their assets at entry are at least $51,323
$9.80$10.04
    . assisted residents, if their assets at entry are less than $51,323
calculated amount**calculated amount**
    . other residents, if assets at entry are at least $65,029
$17.13$17.55
    . other residents, if assets at entry are less than $65,029
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 $46,998
$7.49$7.67
    . assisted residents, if their assets at entry are less than $46,998
calculated amount**calculated amount**
    . other residents, if assets at entry are at least $60,941
$14.95$15.31
    . other residents, if assets at entry are less than $60,941
calculated amount**calculated amount**
Asset cutoff level
- for concessional *** resident status$33,000$33,000
- for assisted *** resident status$52,500$52,500

Maximum permissible interest rate

- Accommodation BondFrom 1 April 2007 to 30 June 2007 10.37%From 1 July 2007 to 30 September 2007 10.37%
- Accommodation ChargeFrom 20 March 2007 7.%From 1 July 2007 7%
Pensioner Supplement (per day)From 1 July 2006 to 30 June 2007 $6.32From 1 July 2007 to 30 June 2008 $6.45
Age pension per fortnight (maximum basic rate)$506.80$506.80
Age pension per fortnight (maximum basic rate + GST supplement)$525.10$525.10
# Residents in designated remote areas may be asked to pay an additional $1.06 per day (See section 7.3.9 of The Residential Care Manual)
## ‘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 $33,000 divided by 1,825 (See section 8.3.3.4 of The Residential Care Manual).
*** See The Residential Care Manual for additional criteria for concessional (6.3.5.1.2) and assisted (6.3.5.1.4) status.
**** Accommodation charge limited to a maximum period of five years and is fixed at date of entry.

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