Fees in Residential Aged Care
The fee arrangements for aged care homes changed on 1 July 2014. A summary of the types of fees that you may be charged are at http://www.myagedcare.gov.au/financial-and-legal/aged-care-homes-costs-explained
If your income and assets are over a certain amount you may be asked to make an accommodation payment that you agree with the home. The Department of Human Services will advise you if you are required to make an accommodation payment.
Our table provides the maximum price (accommodation payment) you may be asked to pay if entering a home on or after 1 July 2014. You may be able to negotiate a lower price with the home.
The maximum Refundable Accommodation Deposit (RAD) and the Daily Accommodation Payment (DAP) for Byron Aged Care as of July 1st 2014 are outlined in the table below. Facilities are able to charge less than the advertised maximum charges but cannot charge more. New residents will have a choice as to how they pay the agreed accommodation price: either as a lump sum refundable deposit (similar to an accommodation bond), a periodic payment or a combination of both. New residents will have up to 28 days after they enter care to decide how they will pay. Also, providers will not be able to withhold retention amounts from lump sum payments for new residents.
Additional information about Byron Aged Care including services available and specific room details are also available on the My Aged Care Website and can be accessed directly via the link:
Or alternatively don’t hesitate to contact our Director of Care on (02) 6685 6728.
PRIVATE COURT YARD ROOMS
50% RAD $150,000 plus DAP $23.55
21, 22, 23, 30, 31, 32, 33, 34, 35, 36, 37.
GARDEN ACCESS ROOMS
50% RAD $137,500 plus DAP $21.59
2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 16, 17, 18, 19, 20, 24, 25, 26, 27, 39, 40.
50% RAD $125,000 plus DAP $19.62
1A, 1B, 14, 15, 28, 29, 38.
N.B. Figures based on MPIR as at 5.73% for all new residents from 1/7/17 to 30/9/17.