Health & Beauty

Know the Home Care Costs in Australia to Determine What You Should Get

Once you are approved for entry in an aged care facility, the next question you will probably be asking yourself is, “How much does home care cost?” Moving into a care home is a big decision, after all, and it is important to gain a good understanding of the home care costs associated with your care and accommodation.

Home care costs may greatly vary according to the type of care you require, the services and support that you have to hire, and, of course, your financial situation. It is recommended to seek financial advice when hiring home care. This way, you can choose the right payment plan.

The Australian government enforced some limits on a given aged care program and on how much accommodation you will get. Also, it has calculated the maximum daily fees that go along with it to help ensure that aged care costs are affordable for everyone. You are expected to contribute to the cost of your accommodation and care if you are eligible and able to afford it.

There may be various home care costs you need to know:

Basic daily fee – This covers the basic day to day living costs such as meals, power, and laundry services. Everyone can be asked to pay for this particular fee.

Means-tested fee – If your income plus assets exceed a certain amount, you can be asked to pay a contribution to your care. You may be asked to pay for up to $245 per day depending again on your valuation but lifetime and annual caps do apply.

Accommodation costs – Some may have this fee paid in part or full by the government while others will need to pay the price agreed to with the aged care home.

Additional and extra services fees – Premium or higher quality services are also available for some facilities such as higher quality meals, greater meal choices, a higher standard of fixtures or fittings and so on.

The government sets a maximum limit on the basic daily fee and means-tested fee. Rules also apply to how much you can be asked to pay for accommodation as part of the aged care cost. See more at Arcare Glenhaven

All aged care homes must discuss any accommodation payments and you should agree on them prior to entry.

Arranging Your ACAT Assessment

Undergoing assessment by the Aged Care Assessment Team (ACAT) is crucial to determine your eligibility for government assistance with accommodation costs, the need to pay for means-tested care fees, and your copayment for accommodation costs.

For the veteran community members, the income and assets review may be undertaken by the Department of Veterans Affairs. Aged care homes will usually want to find out if the government will subsidise a part of your accommodation cost or not.

The assessment process may take time, so consider applying early before you need to move into a residential home. You will receive a fee notification letter with a validity of up to 120 days or approximately 4 months (barring circumstances of change in the status).

To make things easier for you, you should get in touch with trusted aged care providers in your area. When things, like “home care how much?”, linger in your mind, do not wait any longer and check out this page, https://arcare.com.au/support/managing-your-finances/.