Previous Residential Care Fees and Charges Advices
As at: 20 September 2007
Archived residential care fees and charges
Schedule of Fees & Charges: From 20 September 2007
Description | Old Rates (to 19 Sept 2007) | New Rates (from 20 Sept 2007) |
Maximum Basic Daily Care Fee#: | ||
| - all respite residents (pensioners and non-pensioners) | up to $30.77 | up to $31.52 |
| - other residents who receive a full or part means-tested Australian pension ## | up to $30.77 | up to $31.52 |
| - other non-pensioner residents ### | up to $38.35 | up to $39.28 |
| Residents who were receiving care 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 pension## | up to $29.97 | up to $30.72 |
| - non-pensioners### | up to $37.55 | up to $38.48 |
| 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 | (see Residential Care Manual section 7.3.3) | |
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 | ||
| may be asked to pay | up to $23.70 | up to $24.26 |
| if they have private income per year of: (single) | $37,939 | $38,755 |
| (married - combined) | $75,046 | $76,677 |
| - non-pensioner residents | ||
| may be asked to pay | up to $53.96 | up to $55.28 |
| if they have private income per year of: (single) | $81,998 | $83,920 |
| (married - combined) | $163,164 | $167,007 |
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 | $132,000 | $135,000 |
| Minimum assets a person must be left with when calculating the maximum Accommodation Bond | $33,000 | $33,500 |
Maximum Accommodation Charge for new entrants to your home* 20 September 2007 - 30 June 2008 | ||
| - for concessional residents and charge exempt residents | N/A | N/A |
| - for residents who first entered residential aged care from 1/7/2004 | ||
| . assisted residents, if their assets at entry are at least $51,823 | $10.04 | $10.04 |
| . assisted residents, if their assets at entry are less than $51,823 | calculated amount** | calculated amount** |
| . other residents, if their assets at entry are at least $65,529 | $17.55 | $17.55 |
| . other residents, if their assets at entry are less than $65,529 | calculated amount** | calculated amount** |
| - for residents who first entered residential aged care before 1/7/2004**** | ||
| . assisted residents, if their assets at entry are at least $47,498 | $7.67 | $7.67 |
| . assisted residents, if their assets at entry are less than $47,498 | calculated amount** | calculated amount** |
| . other residents, if assets at entry are at least $61,441 | $15.31 | $15.31 |
| . other residents, if assets at entry are less than $61,441 | calculated amount** | calculated amount** |
Asset cutoff level | ||
| - for concessional *** resident status | $33,000 | $33,500 |
| - for assisted *** resident status | $52,500 | $54,000 |
Maximum permissible interest ratefor Accommodation Payment agreements entered into | ||
| - Accommodation Bond | From 1 July 2007 to 30 September 2007 | From 1 October 2007 to 31 December 2007 |
10.37% | 10.75% | |
| - Accommodation Charge | From 20 March 2007 | From 1 July 2007 |
7% | 7% | |
| Pensioner Supplement (per day) | From 1 July 2006 to 30 June 2007 | From 1 July 2007 to 30 June 2008 |
$6.32 | $6.45 | |
| Age pension per fortnight (maximum basic rate) | $506.80 | $519.20 |
| Age pension per fortnight (maximum basic rate + GST supplement) | $525.10 | $537.70 |
## 'Pensioner' maximum rate also applies to blind pensioners & non-pensioner residents who have a dependent child
### 'Non-pensioner' maximum rate also may apply for pensioners who agree to pay a bond above the 'pensioner allowable limit'
* Rate remains unchanged for resident's stay in the one home, regardless of annual indexation of the max. rate for new entrants
** Margin of assets over $33,500 divided by 1,825 (See section 8.3.3.4 of Residential Care Manual).
*** See Residential Care Manual for additional criteria for concessional (6.3.5.1.2) and assisted (6.3.5.1.4) status.
**** Accommodation charge limited to a maximum period of five years and is fixed at date of entry.
