Previous Residential Care Fees and Charges Advices
As at: 20 September 2000
Archived residential care fees and charges
Description | Old Rate (applicable to 19 September 2000) | New Rate (applicable from 20 September 2000) |
| Maximum Basic Daily Care Fee - residents receiving full or part means tested Australian pension - Non-Pensioners Residents receiving care in a hostel on 30 September 1997 * - residents receiving full or part means tested Australian pension - Non-Pensioners | up to $22.58 up to $28.21 up to $21.78 up to $27.41 | up to $23.00 up to $28.73 up to $22.20 up to $27.93 |
| Maximum daily income tested fee: - residents receiving a full means tested Australian pension - residents receiving part means tested Australian pension may be asked to pay if they have private income per year of: (single) (married - combined) - non-pensioner residents may be asked to pay if they have private income per year of: (single) (married - combined) | N/A up to $17.52 about $28,500 about $56,000 up to $39.53 about $60,500 about $120,000 | N/A up to $17.84 about $28,500 about $57,000 up to $40.27 about $61,500 about $123,000 |
| Limit to accommodation bond size for Pensioner Supplement eligibility | $96,500 | $98,500 |
| Minimum amount of assets a person must be left with when calculating amount of Accommodation Bond or Charge | $24,000 | $24,500 |
| Maximum daily Accomodation Charge ** may be levied - for assisted residents with assets at entry of at least - for other residents with assets at entry of | $38,500 about $46,500 | $39,500 about $47,000 |
| Maximum rate of daily Accomodation Charge - for concessional residents - for assisted residents - other residents Asset cutoff level - for concessional *** resident status - for assisted *** resident status | N/A $6.17 $12.33 $24,000 $38,500 | N/A $6.17 $12.33 $24,500 $39,500 |
| Maximum permissible interest rate for Accomodation Payment agreements entered into - Accomodation Bonds - Accomodation Charge | From 1 July 2000 9.95% Prior to 20 March 2000 6% | From 1 October 2000 9.86% From 20 March 2000 7% |
| Pensioner Supplement | From 1 July 2000 $5.56 | From 1 July 2000 $5.56 |
(See also Residential Care Manual section 7.3.4 about variable fees for some pre 1 October 1997 hostel residents).
** Otherwise, the accommodation charge may be the lesser of the maximum permitted rates and the amount calculated as
the margin of assets over $24,500 divided by 5 then divided by 365 (See section 8.3.4.4 of Residential Care Manual).
*** See Residential Care Manual for concessional (6.3.5.1.2) and assisted (6.3.5.1.4) status additional criteria.
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