by shanecv | Oct 1, 2024 | Aged Care
Navigating the various costs associated with aged care can be challenging. Among these, the Refundable Accommodation Contribution stands out—not only because it is less commonly encountered, but also because it is one of the most complex to understand. In this...
by shanecv | Oct 1, 2024 | Aged Care
Navigating aged care rules can be daunting, especially when it comes to understanding the costs involved. One of the key expenses you may encounter is the Daily Accommodation Contribution (DAC), a fee that can impact your cash flow and how aged care is funded. In this...
by shanecv | Aug 22, 2024 | Aged Care
When you make a large lump sum payment towards an aged care bond, it’s important to have some assurances that it will be refunded on death. So, what are the rules concerning aged care refunds on death? Are you entitled to a full refund? What is the typical processing...
by shanecv | Aug 22, 2024 | Aged Care
Navigating the world of aged care can be daunting, especially when it comes to understanding aged care bonds. In this article, we’ll break down what aged care bonds are, when you might need to pay one, and the options available if you can’t afford it....
by shanecv | Aug 22, 2024 | Aged Care
There are a number of fees and costs associated with residential aged care that are payable once you or a loved-one moves into aged care. One such fee is the Means Tested Care fee. The Means Tested Care fee is payable in addition to the Basic Daily Care fee and any...
by shanecv | Feb 15, 2024 | Aged Care
There are a number of costs associated with residential aged care. One such cost is the Basic Daily Care fee. Understanding the current Basic Daily Care fee and how it is calculated allows you to help determine aged care affordability. What is the Aged Care Basic...
