Ark Health Care is committed to providing the highest quality of care and standard of service for the care recipients and their families at our facilities.

Permanent Aged Care Fees

The Australian Government subsidises a range of aged care services in Australia. If your personal circumstances allow, it is expected you’ll contribute towards the cost of your care if you can afford to do so.

You may be wondering how much it will cost if you enter an aged care home. You can use My Aged Care Residential Care Fee Estimator to help you estimate what aged care home or nursing home costs you may be asked to pay.

 

Basic daily fee

A basic daily fee is used to contribute towards your day-to-day living costs such as meals, cleaning, laundry, heating and cooling. Everyone entering an aged care home can be asked to pay this fee. 

 

From 20 September 2015 to 19 March 2016, the maximum basic daily fee for new residents (including respite residents) is up to $47.86 per day. This rate increases on 20 March and 20 September each year in line with changes to the Age Pension.

 

How is the basic daily fee rate worked out?

For new residents, the maximum basic daily fee is 85% of the single person rate of the basic Age Pension. From 20 September 2015, the single rate of the basic Age Pension is $788.40 per fortnight, and 85% of the single rate of basic Age Pension is $670.04 per fortnight or $47.86 per day. This applies even if you are a member of a couple.

 

If you are a veteran, you may be eligible for assistance from the Department of Veterans’ Affairs. For more information, contact Department of Veterans’ Affairs on 133 254 or 1800 555 254 (for regional callers).

 

How will I know what rate I should pay?

When you enter an aged care home you will receive a letter from the Department of Human Services confirming your maximum basic daily fee.

 

Will my basic daily fee increase?

Yes. Your basic daily fee will be indexed on 20 March and 20 September each year in line with increases to the Age Pension. The Department of Human Services will let you know when the increases occur but you can also find the current rates of the basic daily fee on the Schedule of Residential Fees and Charges.

 

Means-tested care fee 

This is an additional contribution towards the cost of care that some people may be required to pay. The Department of Human Services will work out if you are required to pay this fee based on an assessment of your income and assets, and will advise you of the amount. Please note that if you are a member of a couple, half of your combined income and assets are considered in determining your means-tested care fee, regardless of which partner earns the income or owns the asset.

 

There are annual and lifetime caps that apply to the means-tested care fee. Once these caps are reached, you cannot be asked to pay any more means-tested care fees. Any income-tested care fees you have paid in a Home Care Package prior to moving into an aged care home will also contribute to your annual and lifetime caps. 

 

Aged care means test assessments

Information on aged care means test assessments, including deemed income and exemptions, is available on the Department of Human Services website. For more information about how residential aged care can affect Centrelink payments, contact the Department of Human Services Centrelink directly on 132 300.

 

Accommodation costs

This is for your accommodation in the home. Some people will have their accommodation costs met in full or in part by the Australian Government, while others will need to pay the accommodation price agreed with the aged care home. The Department of Human Services will advise which applies to you based on an assessment of your income and assets. Please note that if you are a member of a couple, half of your combined income and assets are considered in determining your eligibility for Government assistance with accommodation costs when you enter the home, regardless of which partner earns the income or owns the asset.

 

Fees for extra services or other additional care and services 

Additional fees may apply if you choose a higher standard of accommodation or additional services. Extra service fees apply to residents in an extra service place. They are regulated and are intended to cover a higher standard of accommodation or services. Aged care homes with dedicated extra service places are now required to publish their extra service fees on the My Aged Care website, their own website and in other relevant materials they provide to prospective residents.

 

Other additional care and services and associated fees are not regulated, and are agreed between you and your aged care provider. These vary from home to home. Your aged care provider can give you details of these services, such as hairdressing and Foxtel, and the fees that apply.

 

Financial advice

You may want to consult with a financial adviser about your finances. There are various government services and resources that can help you obtain appropriate financial advice. It’s a good idea to do some research to see what options work best for you. 

 

Are there any provisions for financial hardship?

If you believe you will face financial hardship in paying your aged care costs, you can ask to be considered forfinancial hardship assistance.

 

This information is correct as at 1 July 2014. Further information regarding Residential Aged Care Fees and Charges is available at www.myagedcare.gov.au.

 

DISCLAIMER: This information is for your general information and use only and is not a substitute for independent professional advice.