Updated Schedules of fees and charges for Residential and Home Care will apply from 1 January 2023 for care recipients who started care:
Services Australia’s quarterly review of Residential and Home Care fees will take effect from 1 January 2023, updating care recipients’ fees to align with any changes in their financial circumstances.
The quarterly review will take place on 14 15 January 2023. The online claiming system for Home Care will be unavailable from 8pm Friday 13 January to 8am Monday 16 January as quarterly review tasks are undertaken.
Care recipients and providers will receive letters advising any fee changes or refunds resulting from the quarterly review.
Change to Maximum Permissible Interest Rate (MPIR)
The MPIR will increase to 7.06% for the period 1 January to 31 March 2023 for calculating:
- residential care accommodation prices
- interest on refunds of accommodation lump sum balances.
View current and past rates.
What you need to do
Providers must ensure accommodation prices are correct and up to date on their website and printed materials, and on the My Aged Care website. For assistance contact the service desk on 1800 836 799.