San Carlo Homes for the Aged: costs explained 

 Basic daily fee (All residents pay the Basic Daily Bed 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.

This rate increases on 20 March and 20 September each year in line with changes to the Age Pension.

Concessional / Non Concessional click here

How is the basic daily fee rate worked out?

For new residents, The basic daily fee is 85% of the single person rate of the basic age pension.
From 20 September 2018, the single rate of the basic age pension is $834.40 per fortnight, making the basic daily fee (from 20 September 2018 to 19 March 2019): $50.66 per day; or $709.24 per fortnight.

This amount is indexed with the age pension. This applies even if you are a member of a couple.

Accommodation payments

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.

How do I pay my accommodation costs?

You can choose to pay your accommodation costs by:

  • a lump-sum style ‘refundable accommodation deposit’ (RAD)
  • rental-type payments called a ‘daily accommodation payment’ (DAP)
  • or a combination of both.You will have 28 days from the day you entered care to decide your payment method.You must pay your accommodation costs by the rental-type payment method (DAP), until you decide on your ongoing payment method

Examples of accommodation costs

Hostel, West Unit and 5 rooms on North Unit:

Single room + en-suite: Refundable Deposit (RAD) $550,000.00 OR Daily Accommodation Payment  (DAP) of $89.81

Sole Unit, Mare Unit, Monti Unit

Single room + en-suite: Refundable Deposit (RAD) $650,000.00 OR Daily Accommodation Payment  (DAP) of $106.14

8 rooms North Unit:

Single room + shared bathroom: Refundable Deposit (RAD) $527,800.00 OR Daily Payment  (DAP) of $86.18

2 rooms North Unit:

Single room + shared bathroom: Refundable Deposit (RAD) $507,500.00 OR Daily Payment  (DAP) of $82.87

South Unit:

Single room + shared bathroom: Refundable Deposit (RAD) $527,800.00 OR Daily Payment  (DAP) of $89.18

4 rooms North Unit:

Single room + shared bathroom: Refundable Deposit (RAD) $355,200.00 OR Daily Payment  (DAP) of $58.00

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. 

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.

Annual cap

The maximum means-tested care fee you can be asked to pay each year is $27,232.33.  This cap is indexed. Once this cap is reached, you cannot be asked to pay any more means-tested care fees until the next anniversary of the date of your first entry into an aged care home. Your service provider can still ask you to pay the basic daily fee and your agreed accommodation costs.

Lifetime cap

The maximum means-tested care fee you may be asked to pay is $65,357.65 in your lifetime. This cap is indexed.

When you have reached this lifetime cap, you cannot be asked to pay any more means-tested care fees. You can still be asked by your service provider to pay the basic daily fee and your agreed accommodation costs.

 

(Amounts are correct from 20th September 2018 to 31st December 2018)

My Aged Care Fee Estimator

https://www.myagedcare.gov.au/fee-estimator/residential-care/form

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