Maximum Refundable Accommodation Deposit (RAD)
The maximum accommodation price that a Resident could be charged for a ‘Premium Plus’ room is $480,000. This is a single room plus ensuite.
Daily Accommodation Payment (DAP)
The equivalent maximum daily accommodation payment is $75.35
Residents can choose to pay for their accommodation by a Refundable Accommodation Deposit (RAD), a Daily Accommodation Payment (DAP), or a combination of both. A refundable deposit is paid as a lump sum. A daily payment (DAP) accrues daily and is paid monthly. A combination payment includes a partial lump sum and daily payments.
If the Resident chose a combination payment of 50% refundable deposit and 50% daily payment the maximum amounts payable would be:
Refundable Accommodation Deposit - $240,000 and Daily Accommodation Payment - $37.68.
The cost of all activities that we offer is included in the above pricing.
For more information please speak with Robyn Parish, Residential Aged Care Manager on 5428 0344 or Email here
My Aged Care: Fee Estimators available, Information Campaign launched
In June 2014, the Assistant Minister for Social Services, Senator the Hon Mitch Fifield held an event at the My Aged Care contact centre in Box Hill, Victoria.
Minister Fifield talked about the changes to aged care starting tomorrow, the availability of online fee estimators on the My Aged Care website, and launched an information campaign that encourages everyone to start talking about and planning for aged care.
From today, older people and families can now access two online fee estimators on the My Aged Care website:
Residential Care Fee Estimator
Home Care Fee Estimator
The estimators allow people to estimate the amount they may need to contribute towards the cost of their residential care or home care package. People can also ask for an estimate by calling My Aged Care.
The “Let’s talk about changes to aged care” information campaign encourages people to start talking about aged care and the changes that start from 1 July 2014. The campaign:
- Explains that the changes provide greater choice and control for people when it comes to their aged care, and to contact My Aged Care for information and support.
- Is aimed at older people who may need aged care services now or in the near future, as well as carers and family members of older people.
- Comprises press, radio and digital advertising, as well as posters, brochures and other collateral distributed to GP clinics, pharmacies, financial intermediaries, local governments and other touch points for consumers.
- Radio and press ads and information materials have been translated into 10 languages, and materials have been adapted for Aboriginal and Torres Strait Islander audiences.
- Advertising will run for six to eight weeks. MPs and Senators are also being supported to hold information forums in their communities to raise awareness of the changes to aged care and My Aged Care.
Source: LASA Victoria