Aged Care Fees & Charges
Fees and charges in residential aged care can be a daunting concept if aged care is new experience for you. Below is a brief explanation of the fees and charged involved in aged care at an Aged Care Services Australia Group facility. However, for more information, or for a personalised tour of our facilities, please do not hesitate to contact us.
Fees and charges specific to an aged care residence can be found by selecting the facility name from the list on the right.
Fees and charges in residential aged care vary depending on the individual requiring care, their personal circumstances and the facility in which they choose to reside. Unless seeking a financially supported place, the fees at an Aged Care Services Australia Group (ACSAG) facility generally involve:
- Basic Daily Care fee
- Accommodation Payment
- Means Tested Care Fee
- Japara Signature
Basic daily care fee
The government set basic daily care fee covers your day-to-day living costs such as meals, cleaning and laundry. Everyone in residential aged care is required to pay this fee.
The daily care fee is set by the government based on 85% of the Age Pension and will change in relation to pension increases.
The current Basic Daily Care Fee is $49.07 per day.
Depending on your income and assets, you may be asked to pay an accommodation payment. The cost of your accommodation payment is dependent on the particular facility and suite you are interested in, as well as on the method in which to choose to pay this fee. The payment options are:
- Refundable Accommodation Deposit (RAD)
- Daily Accommodation Payment (DAP)
- Combination of RAD and DAP
Refundable Accommodation Payment (RAD)
A RAD is a lump sum payment to the aged care provider. The full RAD amount is refunded upon departure of the facility and is 100% guaranteed by the government.
The RAD amount is dependent on the facility and specific room/suite of interest. Please click on the links to the right to see maximum RAD amounts for your chosen facility or contact us for more information.
A Capital Refurbishment Deduction, which enables us to maintain our facilities, is a daily deduction from all RAD’s.
Daily Accommodation Payment (DAP)
As an alternative to paying your Accommodation Payment as a lump sum, you can pay periodic payments, which are based on a daily fee and billed monthly.
The DAP is not refundable when you leave the aged care facility.
The DAP amount is based on the Maximum Permissible Interest Rate (MPIR), which is set by the government, and the agreed price of the room/suite you are interested in. To calculate the equivalent daily accommodation payment (DAP) of a refundable accommodation deposit (RAD), the refundable accommodation deposit (RAD) is multiplied by the maximum permissible interest rate (MPIR).
The current MPIR is 5.78% per annum.
You can choose to pay part of your accommodation as a RAD and part as a DAP. DAP amounts will be calculated based on the outstanding RAD amount. Upon leaving the facility, your RAD amount will be refunded but not DAP payments.
Means-tested care fee
If you are in the financial position to contribute to costs related to your care, the Department of Human Services may charge a means-tested care fee. The Department will determine, and inform you, if you are required to pay this fee, which is calculated based on an assessment of your assets and income
There are annual and lifetime caps set by the government. The current caps are:
- Year: $26,380.51
- Lifetime: $63,313.28
Japara Signature is an innovation in Japara Healthcare’s additional services. It furthers our commitment to quality, excellence and enhances the experience of residents with a hospitality focus.
Contact us to find out more about the Japara Signature services available at your facility of choice.
We recommend seeking financial advice from financial advisers who specialise in aged care. Speak to us for information regarding these services.