Previous Residential Care Fees and Charges Advices
As at: 20 September 2003
Archived residential care fees and charges
Description | Old Rate (applicable to 19 Sept 2003) | New Rate (applicable from 20 Sept 2003) |
| 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 ## Residents receiving care in a hostel on 30 September 1997 * - residents receiving full or part means tested Australian pension - non-pensioners | up to $25.73 up to $25.73 up to $32.12 up to $24.93 up to $31.32 | up to $26.47 up to $26.47 up to $33.05 up to $25.67 up to $32.25 |
| 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 $19.91 $32,109 $63,490 up to $45.07 $68,742 $136,756 | N/A up to $20.47 $32,924 $65,121 up to $46.36 $70,620 $140,512 |
| The non-pensioner rate of basic daily care fee (above) may apply for residents whose accommodation bond is over this amount | $110,000 | $113,500 |
| Minimum assets a person must be left with when calculating the maximum Accommodation Bond or Charge | $27,500 | $28,500 |
| 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 at least | $44,000 $52,886 | $45,500 $53,886 |
| Maximum rate of daily Accommodation Charge - for concessional residents - for assisted residents - other residents Asset cutoff level - for concessional *** resident status - for assisted *** resident status | N/A $6.96 $13.91 $27,500 $44,000 | N/A $6.96 $13.91 $28,500 $45,500 |
| Maximum permissible interest rate for Accommodation Payment agreements entered into - Accommodation Bonds - Accommodation Charge | From 1 July 2003 to 30 Sept 2003 8.78% From 20 March 2003 5% | From 1 October 2003 to 31 December 2003 8.82% From 20 March 2003 5% |
| Pensioner Supplement Age pension (maximum basic rate) Age pension (maximum basic rate + GST supplement) | From 1 July 2003 $5.96 $423.80 $440.30 | From 1 July 2003 $5.96 $436.10 $452.80 |
## This 'non- pensioner rate' also applies for those 'pensioner' residents who agree to pay a bond of more thanthe above 'limit to accommodation bond size for pensioner supplement eligibility'
* These rates apply for 30 September 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 $28,500 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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