Tag: residential aged care

Self-funded retirees residential aged care with means not disclosed.

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Self-funded retirees residential aged care with ‘means not disclosed’. by Christine Hopper Accepting that a loved one needs residential aged care is difficult for most families. Yet in their grief, families are confronted with official paperwork. Aged care facilities want the big Centrelink Assets and Income form, “Permanent Residential Aged Care Request for a Combined Read more about Self-funded retirees residential aged care with means not disclosed.[…]

Disability Support and Age Pension Increases March 2018

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Disability Support and Age Pension Increases March 2018 by Christine Hopper The Commonwealth granted Centrelink Disability Support and Age Pension increases on 20 March 2018.  DVA Pension and Income Support Supplement rates also increased from 20 March 2018. The dollar amounts of  the maximum Pension rates increased by 1.5% effective from 20 March 2018. Disability Pension Read more about Disability Support and Age Pension Increases March 2018[…]

Correct residential aged care terminology please

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Correct residential aged care terminology please by Christine Hopper A polite reminder has come from the Commonwealth aged care regulator asking the industry to use the correct residential aged care terminology please. Correct Residential aged care terminology for the Centrelink assessed Means Tested Amount The correct residential aged care terminology for the Centrelink assessed figure Read more about Correct residential aged care terminology please[…]

Granny flat arrangement ending

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Granny flat arrangement ending by Christine Hopper Granny flat arrangements At Centrelink, a granny flat arrangement provides for a senior person, the ‘granny flat resident’, to live for the remainder of her life in accommodation provided by the ‘granny flat host’. The granny flat resident usually contributes a lump sum ‘ingoing contribution’ towards the capital Read more about Granny flat arrangement ending[…]

Aged care daily care fee means tested amount

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Aged care daily care fee means tested amount by Christine Hopper Aged care daily care fee means tested amount applies from July 2014 From July 2014, a new entrant to residential aged care is charged a Daily Care Fee based on her Means Tested Amount. The July 2014 Aged care daily care fee Means Tested Amount Read more about Aged care daily care fee means tested amount[…]

July 2014 Means Tested Daily Care Fees for Commonwealth regulated residential aged care

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New July 2014 Means Tested Daily Care Fees for Commonwealth regulated residential aged care By Christine Hopper The Commonwealth aged care reform package, Living Longer Living Better, introduces a new style of means tested daily care fee from July 2014. All residents of Commonwealth regulated residential aged care facilities will continue to pay the Basic Read more about July 2014 Means Tested Daily Care Fees for Commonwealth regulated residential aged care[…]

Aged Care Regulation changes 1 July 2014

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Aged Care Regulation changes 1 July 2014 by Christine Hopper The Commonwealth Aged Care Regulation changes impacting on new residents come into effect on 1 July 2014.  Last year the Commonwealth parliament passed the Aged Care (Living Longer Living Better) Bill 2013. The new legislation changes the administration and financing system for both residential aged Read more about Aged Care Regulation changes 1 July 2014[…]

Entering Commonwealth regulated aged care as a Supported Resident

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Entering Commonwealth regulated aged care as a Supported Resident by Christine Hopper Each Supported Resident of a Commonwealth regulated aged care facility attracts an Accommodation subsidy from the Commonwealth.  The Commonwealth has a ‘budgeted amount’ to spend on these Accommodation subsided rather than an unlimited supply of cash. Therefore, the Commonwealth endeavours to spread its Read more about Entering Commonwealth regulated aged care as a Supported Resident[…]

Accommodation Bonds for Residential Aged Care

Accommodation Bonds for Residential Aged Care

Posted on by christine

Accommodation Bonds for Residential Aged Care By Christine Hopper New entrants to requiring ‘low care’ or ‘extra service high care’ may be asked for Accommodation Bonds for residential aged care.  The Accommodation Bonds for residential aged care are like interest free loans to the operator of the residential aged care facilities. How much is the Read more about Accommodation Bonds for Residential Aged Care[…]

Residential aged care costs – an illustration

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Residential aged care costs by Christine Hopper Families new to residential aged care can be confused by the web of fees and charges for residential aged care. Accommodation charges are fixed on entry but daily care fees change regularly. Below is an “illustration” of the fees and charges that could apply to new entrants to Read more about Residential aged care costs – an illustration[…]

Residential aged care for seniors in new relationships

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The complexities of aged care accommodation costs for Couples at Centrelink who met later in life By Christine Hopper James and Jenny exchanged the family home for a modest new townhouse near their adult children.  James had only recently retired and when Jenny died suddenly. After a few years of living alone, James embarked on Read more about Residential aged care for seniors in new relationships[…]

When should seniors move home?

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When should seniors move home? by Christine Hopper When should seniors move home? The time when seniors should move home is clear to the sellers of seniors lifestyle communities. Wisdom is recognising that the family home might soon be inappropriate for your needs and having the courage to sell up and buy into ‘seniors friendly’ accommodation.  But what Read more about When should seniors move home?[…]