When you first start looking at the cost of aged care it can be a confusing list of fees and charges. But, it’s surprisingly simple – in any aged care home there is a charge for every day you stay.
As with living anywhere, there are all the basic costs – food, electricity, cleaning, washing. It’s just the same as running a normal home.
The Australian Government pays for the bulk of aged care in Australia but as with all aged care services, if you can afford to it’s expected you will contribute to the cost of your care. All fees are regulated by the Government, so you will find that for similar services, at other facilities, you will be paying similar amounts.
Note: As of 1 July 2014 the Australian Government changed the way older Australians entering aged care pay for their accommodation costs. All residents who can afford to have the choice of paying for their accommodation through a Daily Accommodation Payment or a Refundable Accommodation Deposit, or a combination of both. To find out more about these changes please visit www.myagedcare.gov.au
An Asset Replacement Contribution (ARC) is applicable to all RAD and RAD/ DAP payers. The ARC amount is calculated on a sliding scale based on the percentage of the accommodation paid as a lump sum RAD and payable on discharge from the RAD balance. Further information is available from the facility.
Complete the form and a Regis staff member will call you back to arrange a date and time