Previous Residential Care Fees and Charges Advices
As at: 20 September 2001
Archived residential care fees and charges
Description | Old Rate (applicable to 19 September 2001) | New Rate (applicable from 20 September 2001) |
| Maximum Basic Daily Care Fee - residents receiving full or part means tested Australian pension - Non-Pensioners | up to $23.46 up to $29.30 | up to $23.96 up to $29.92 |
| Residents receiving care in a hostel on 30 September 1997 * - residents receiving full or part means tested Australian pension - Non-Pensioners | up to $22.66 up to $28.50 | up to $23.16 up to $29.12 |
| 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 $18.20 about $29,500 about $58,000 up to $41.08 about $62,500 about $125,000 | N/A up to $18.58 about $30,000 about $59,500 up to $41.96 about $64,000 about $128,000 |
| Limit to accommodation bond size for Pensioner Supplement eligibility | $100,500 | $102,500 |
| Minimum amount of assets a person must be left with when calculating amount of Accommodation Bond or Charge | $25,000 | $25,500 |
| 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 | $40,000 about $48,900 | $41,000 about $49,400 |
| Maximum rate of daily Accomodation Charge - for concessional residents - for assisted residents - other residents | N/A $6.54 $13.07 | N/A $6.54 $13.07 |
| Asset cutoff level - for concessional *** resident status - for assisted *** resident status | $25,000 $40,000 | $25,500 $41,000 |
| Maximum permissible interest rate for Accomodation Payment agreements entered into | From 1 July 2001 | From 1 July 2001 |
| - Accomodation Bonds | 8.89% | 8.89% |
| - Accomodation Charge | From 1 July 2001 6% | From 1 July 2001 6% |
| Pensioner Supplement | From 1 July 2001 $5.69 | From 1 July 2001 $5.69 |
** Otherwise, the accommodation charge may be the lesser of the maximum permitted rates and the amount calculated as the margin of assets over $25,500 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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