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Providing everything from a little help to specialised care, our flexible Home and Community Support services cover home nursing, home assistance and allied health.

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Understanding your funding options

Residential Aged Care

If you’re considering residential aged care, it’s important to understand the funding options available so you can make the choice that’s right for you or your family member.

1
Low Means Fully Supported (Govt funded)
The government may pay for your accommodation and care costs, so you’ll only need to pay the basic daily care fee.
2
Low means partly supported (Govt contribution)
If you are only eligible for partial funding, the government will contribute to your accommodation costs and you’ll also need to pay the basic daily care fee.
3
Self-funded
If you don’t qualify for government funding, you’ll need to pay the accommodation and basic daily care fee, and a means tested care fee.

Your eligibility for funded care

To find out if you’re eligible for residential aged care funding from the Australian Government, you’ll need an Aged Care Assessment Team (ACAT) assessment.

The ACAT is a completely independent (and free) service. Visit My Aged Care or call 1800 200 422 to get started. 

If you are looking for a permanent home, you’ll also need to complete a financial assessment with Services Australia to determine how much you may need to contribute towards your accommodation.

What will it cost?

When you are considering Residential Aged Care, it’s important to understand what you might need to cover financially in terms of your accommodation, care and daily living.

Accommodation costs

The accommodation payment covers the cost of your residential accommodation and is based on the type of room you choose. For pricing, please contact us on 1300 22 11 22 or visit your local residential aged care home.

After you've received your financial assessment outcome, you will have up to 28 days from your moving in date to confirm how you'd like to pay. There are three ways you can choose to pay for your accommodation:

Refundable Accommodation Deposit (RAD)

Refundable Accommodation Deposit (RAD)

A one off, government guaranteed, fully refundable lump sum accommodation deposit which may also deliver pension benefits.

Daily Accommodation Payment (DAP)

Daily Accommodation Payment (DAP)

A non-refundable daily accommodation payment.

Combination

Combination

An apportioned combination of the RAD and DAP payment options.

Care fees

The basic daily care fee

This payment applies to all residents and covers living costs such as meals, laundry and utilities. The fee is set at 85% of the single pension rate of the basic age care pension.

A means tested care fee

If the government determines that you are able to contribute towards the costs of your care, you’ll be asked to pay this fee. The specific amount will depend on the Services Australia means test (please see below).

Extra services

Extra or optional service fees cover any extra services you might choose, such as accommodation or upgrades.

Accommodation costs

The accommodation payment covers the cost of your residential accommodation and is based on the type of room you choose. For pricing, please contact us on 1300 22 11 22 or visit your local residential aged care home.

After you've received your financial assessment outcome, you will have up to 28 days from your moving in date to confirm how you'd like to pay. There are three ways you can choose to pay for your accommodation:

Refundable Accommodation Deposit (RAD)

Refundable Accommodation Deposit (RAD)

A one off, government guaranteed, fully refundable lump sum accommodation deposit which may also deliver pension benefits.

Daily Accommodation Payment (DAP)

Daily Accommodation Payment (DAP)

A non-refundable daily accommodation payment.

Combination

Combination

An apportioned combination of the RAD and DAP payment options.

Care fees

The basic daily care fee

This payment applies to all residents and covers living costs such as meals, laundry and utilities. The fee is set at 85% of the single pension rate of the basic age care pension.

A means tested care fee

If the government determines that you are able to contribute towards the costs of your care, you’ll be asked to pay this fee. The specific amount will depend on the Services Australia means test (please see below).

Extra services

Extra or optional service fees cover any extra services you might choose, such as accommodation or upgrades.

Support every step of the way

When it’s time to begin looking for the right aged care home, we can assist you through the process.

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Step 1 – Complete an Aged Care Assessment

Call My Aged Care on 1800 200 422 to arrange an ACAT assessment. This will help to determine your needs and eligibility to receive funding towards the cost of care.

As it may take between 2-6 weeks to receive your assessment, now is a good time to start shortlisting homes you’re interested in.

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Step 2 – Work out any contributions

It’s important to understand the payment options and subsidies available when it comes to residential aged care.

If you are looking for a permanent home, you’ll also need to complete a financial assessment with Services Australia to determine how much you may need to contribute towards your accommodation.

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Step 3 – Find your home

Finding the right home can be a big decision. We’d love you to take a tour of a Bolton Clarke home and talk with our residential manager about your specific care needs and what matters to you most.

As a resident you’ll have access to our dedicated team, all working together to support your wellbeing.

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Step 4 – Apply for admission

When you have found your preferred home and received your assessment from My Aged Care it’s time to complete your application for entry into residential aged care.

Simply contact our friendly admissions team on 1300 22 11 22 and we can guide you through the process including any of the documentation you will need.

step-4

Step 5 – Seek advice

Before signing an agreement to enter residential aged care, it’s a good idea for you to seek independent advice from a specialised aged care financial advisor. As an impartial advisor, they can guide you on the best payment options and arrangements for your individual circumstances.

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Step 6 – Move and settle in

When it’s time to move into your new Bolton Clarke home, we’ll work with you and your family to settle in and personalise your home.

Our team will help you with the transition, with services and activities centred around your needs, interests, abilities and choices.

Need help?

If you’d like to talk about your personal situation or better understand the process of transitioning into residential aged care, please call our friendly team on:
1300 22 11 22
We can support you with any and all of the steps involved.

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Providing everything from a little help to specialised care, our flexible Home and Community Support services cover home nursing, home assistance and allied health.

READ MORE