Better health and ageing for all Australians

Previous Residential Care Fees and Charges Advices

As at: 20 September 2002

Archived residential care fees and charges

Description


Old Rate (applicable to 19 September 2002)

New Rate (applicable from 20 September 2002)

Maximum Basic Daily Care Fee:
- all respite residents (pensioners and non-pensioners)
- other residents who receive a full or part
means tested Australian pension #
- other non-pensioner residents ##

up to $24.63
up to $24.63
up to $30.76

up to $25.08
up to $25.08
up to $31.31
Residents receiving care in a hostel on 30 September 1997 *
- residents receiving full or part means tested Australian pension
- non-pensioners

up to $23.83
up to $29.96

up to $24.28
up to $30.51
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 $19.08
about $31,000
about $61,000

up to $43.13
about $66,000
about $132,000

N/A

up to $19.42
about $31,500
about $62,000

up to $43.93
about $67,000
about $133,000
Limit to accommodation bond size for Pensioner Supplement eligibility
$105,500
$107,500
Minimum amount of assets a person must be left with when calculating amount of Accommodation Bond or Charge
$26,500
$27,000
Maximum Daily Accommodation Charge ** may be levied
- for assisted residents with assets at entry of at least
- for other residents with assets at entry of

$42,000
about $51,000

$43,000
about $51,500
Maximum rate of daily Accommodation Charge
- for concessional residents
- for assisted residents
- other residents

N/A
$6.73
$13.45

N/A
$6.73
$13.45
Asset cutoff level
- for concessional *** resident status
- for assisted *** resident status

$26,500
$42,000

$27,000
$43,000
Maximum permissible interest rate for Accommodation Payment agreements entered into
From 1 July 2002
From 1 October 2002
- Accommodation Bonds
8.84%
8.96%
- Accommodation Charge
From 20 March 2002
5%
From 20 March 2002
5%
Pensioner Supplement
From 1 July 2002
$5.83
From 1 July 2002
$5.83
Age pension (maximum basic rate)
Age pension (maximum basic rate + supplement)
$405.80
$421.80
$413.10
$429.40
# This 'pensioner rate' also applies to non-pensioner residents who have a dependent child
## This 'non- pensioner rate' also applies for those 'pensioner' residents who agree to pay a bond of more than the above 'limit to accommodation bond size for pensioner supplement eligibility'
* These rates apply for pre 1 October 1997 hostel residents who haven't moved into a former nursing home. (See also Residential Care Manual section 7.3.3 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 $27,000 divided by 5 then divided by 365 (See section 8.3.3.4 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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