When you first start looking at the cost of aged care, it can be a confusing list of fees and charges. At Regis, we aim to make this information as simple as possible for you.
In every aged care home, there is a charge for every day you stay. As with living anywhere, there are basic costs – food, electricity, cleaning, washing. It is 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 homes – it is expected you will contribute to the cost of your care (if the Government deems you can afford to do so). All fees associated with aged care are regulated by the Federal Government, so you will find that for similar services at other facilities, you will be paying similar amounts.
Basically, there are three types of fees – daily charges, a means tested care fee and accommodation payments.
As of 1 July 2014 the Australian Government changed the way older Australians, who are entering aged care, are able to pay for their accommodation costs. All residents who can afford to pay an accommodation cost will have the choice of paying for their accommodation by a Refundable Accommodation Deposit, or a Daily Accommodation Payment, or a combination of the two. To find out more about these changes please visit www.myagedcare.gov.au