This article provides a summary of the fees and charges that apply to home care and residents of residential aged care facilities.

Post 1 July 2014 rules

Fees and charges for residents who:

  • first enter a residential aged care facility on or after 1 July 2014, or
  • first entered residential aged care before 1 July 2014 and subsequently cease to be provided with care for more than 28 days, or
  • first entered residential aged care before 1 July 2014 and move aged care facilities and make a written election to be covered by the post 1 July 2014 rules.

Residential Aged Care – Daily Care Fees

Basic daily care fee Paid by all residential aged care residents $47.49 per day
Means tested care fee Means tested care fee is the lesser of:•   Means tested amount – Maximum accommodation supplement $53.39 per day

•   Annual cap

•   Lifetime cap

 

$25,528.71

$61,268.92

Means tested amount = Income test contribution + Asset test contribution
Income test contribution = [(Total assessable income – income free area) × 50%] ÷ 364 Total annual assessable income:

•   Income assessable for Centrelink/DVA purposes

•   Centrelink/DVA income support payments less minimum pension supplement of $894.40 pa each and clean energy supplement of $366.60 pa each

•   DVA war widows pension DVA disability pension Income free area:

•   Single

•   Couple, illness separated

 

 

 

 

 

$25,264.20

$24,796.20

Asset test contribution= (17.5% of assessable assets between $46,000 and $157,051.20, plus 1% of assessable assets between $157,051.20 and $379,153.60, plus 2% of assessable assets above $379,153.60) ÷ 364 Total assessable assets:

•   Assets assessable for Centrelink/DVA purposes

•   Refundable accommodation deposit/contribution

•   Capped value of former home (applies separately to both members of a couple)

 

 

 

 

$157,051.20

Home Care – Daily Care Fees

Basic daily care fee Paid by all people who start receiving a Home Care Package from 1 July 2014 $9.77 per day
Income tested care fee Income < income free area Nil
•   Income between income free area and income test threshold. Lesser of:•   ((Total assessable income – income free area) × 50%) ÷ 364

•   Cost of care

•   Annual cap

•   Lifetime cap

 

 

$5,105.74

$61,268.92

•   Income exceeds income test threshold. Lesser of:•   (((Total assessable income – income threshold) × 50%) + $5,000) ÷ 364

•   Cost of care

•   Annual cap

•   Lifetime cap

 

 

$10,211.48

$61,268.92

Income free area:•   Single

•   Couple – living together

•   Couple – illness separated

$25,264.20

$19,601.40

$24,796.20

Income test threshold:•   Single

•   Couple – living together

•   Couple – illness separated

$48,890.40

$37,408.80

$48,422.40

Deeming Thresholds and Rates

Threshold single $48,600

Threshold couple $80,600

Lower rate 1.75%

Higher rate 3.25%