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Previous Residential Care Fees and Charges Advices

As at: 1 July 2008

Archived residential care fees and charges

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Schedule of resident fees and charges: from 1 July 2008

Fee/Charge	Residents who entered care on or before 19 March 2008. Rates (from 01/07/2008)	Residents who entered care from 20 March 20084 Rates (from 01/07/2008)
Maximum basic daily fee1
- all respite residents (pensioners and non-pensioners)	up to $32.05	up to $32.05
- other residents who receive a full or part means-tested Australian pension2	up to $32.05	up to $32.05
- other non-pensioner residents3	up to $39.94	up to $32.05
The following fees apply to residents who were 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 pension2	up to $31.25	$31.25
- non-pensioners3	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	Agreed amount of fees, less any allowance for rent assistance (until the prescribed basic daily fee is greater than the agreed amount).
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	up to $24.66	up to $24.66
- non-pensioner residents	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.	$137,500	N/A
Minimum assets amount
A resident must be left with when calculating the maximum Accommodation Bond.	$34,500	$34,500
Asset cutoff level
- for fully supported5 resident status	N/A	$34,500
- for partially supported5 resident status	N/A	$90,410.40
- for concessional5 resident status	$34,500	N/A
- for assisted5 resident status	$55,000	N/A
Maximum Permissible Interest Rate	All new residents from 1 July 2008
- for Accommodation bond agreements	11.75%
- for Accommodation charge agreements	8%

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Maximum Accommodation Charge for pre 20 March 2008 residents who enter your home during the period 20 March 2008 - 19 September 20086
- 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 amount5
- 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 amount5
Residents who first entered residential aged care before 1/7/20049
- 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 amount5
- 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 amount5

1. 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)
2. 'Pensioner' maximum rate also applies to blind pensioners and non-pensioner residents who have a dependent child
3. 'Non-pensioner' maximum rate may also apply for pre 20 March 2008 pensioners who agree to pay a bond above the 'pensioner allowable limit'
4. Including pre 20 March 2008 residents who leave permanent care for more than 28 days.
5. See Residential Care Manual
6. Rate remains unchanged for resident's stay in the one home, regardless of annual indexation of the maximum rate for new entrants
7. As advised by the Department of Health and Ageing.
8. And who haven't left permanent residential aged care for more than 28 days before entering care after 20 March 2008.
9. Accommodation charge limited to a maximum period of five years and is fixed at date of entry.
10. 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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