We understand that the costs associated with entry to residential aged care can seem a bit complicated on first glance. We always recommend that prior to entry to care and before you sign a contract for residential care, that you consult an independent specialist aged care financial adviser.
The My Aged Care website has details on how to find an adviser in your area as well as a calculator which will help you to estimate any fees and charges you might be asked to pay. You can access the calculator by clicking here https://www.myagedcare.gov.au/estimate-fees-for-aged-care-services.
Glengollan Residential Aged Care Community’s accommodation fees and charges have been set with regard to current aged care legislation.
Residents who would like to stay with us for respite will only be required to pay a single daily care fee which is the same as the basic daily care fee charged to permanent residents. Respite residents are also responsible for any chemist accounts, telephone calls, hairdressing or incidental expenditure during social outings.
National Seniors’ (ph: 1300 020 110) and Centrelink’s Financial Information Service (ph: 136 357) also offer information about the costs associated with entry to aged care.
|ROOM TYPE||RAD||DAP||50% RAD + 50% DAP||VACANCIES||WAITLIST|
|Shared twin room with shared ensuite||$250,000||$39.52||$125,000||+||$19.76||NO||YES|
|Standard single room with shared bathroom||$250,000||$39.52||$125,000||+||$19.76||NO||YES|
Accommodation prices (fees and services) are accurate as at 1.4.2018, but are subject to change. Final costs are confirmed on the date of admission.
When entering residential aged care as a permanent resident you may be asked to pay the following:
- A contribution to the cost of your accommodation in either the form of a lump sum payment known as a Refundable Accommodation Deposit (RAD) or as a Daily Accommodation Payment (Dap) or a combination of the two.
- The RAD is a one off payment of an agreed sum of monies for the room in which care will be provided to you. At the end of the residency these monies will be refunded to you or to your estate.
- The DAP is calculated as a daily amount which is determined by the scheduled rate of interest applicable at the date of entry to care. This is an interest penalty payment that is not refundable at the end of the residency.
- A combination of both a RAD and a DAP can be made if this suits your circumstances better. This means that at the end of the residency the RAD will be refunded to the family or to the Estate on receipt of Probate but the DAP payments will not be.
- A contribution to the cost of your care in the form of a basic daily care fee. The amount of the daily care fee is set by the Australian Government and increases every March and September in line with the aged care pension. The basic daily care fee covers the cost of such things as your food, laundry, care services and the cleaning of your room and shared areas. It does not cover the cost of pharmaceuticals, escorting a resident to appointments or some activities outside of the facility. Your resident agreement will outline exactly what services and items are included in this fee.
- A contribution to the cost of your aged care services in the form of a Means Tested Fee. This is a fee that is charged by the Australian Government through Centrelink or the Department of Veteran’s Affairs, and is collected on their behalf by your aged care facility. Not everyone is required to pay a means tested fee. The amount of this fee is determined as part of the Request for an Aged Care Financial Assessment that every person entering aged care is asked to complete.
A copy of the Request for Aged Care Financial Assessment form and instruction on how to complete and submit can be found here https://www.humanservices.gov.au/individuals/forms/sa456.