At Amaroo Aged Care, We Provide The Highest Possible Quality Of Care To All People With An Assessed Need, Regardless Of Their Financial Circumstances.
This means that your financial situation will not affect your place at Amaroo Aged Care.
There are a number of pricing options available for residents so it is important that you make an appointment and come and discuss your personal circumstances.
What Does It Cost To Live At Amaroo Aged Care?
Residential aged care costs fall under two main categories:
1. Accommodation Costs
Residents have three options for paying for the costs of their accommodation:
Option 1: Refundable Accommodation Deposit (RAD). This is a lump sum payment. The maximum RAD for Amaroo Aged Care is $300,000.
Option 2: Daily Accommodation Payment (DAP). The maximum DAP for Amaroo Aged Care $54.98.
Option 3: RAD + DAP Combined. This is a combination payment that is made up of part refundable accommodation deposit, and part daily accommodation payment. In this case you can deduct the daily payment (DAP) from the lump sum payment (RAD).
You are able to pay any RAD + DAP combination you wish. An example of a RAD + DAP combination for Amaroo Aged Care is a RAD of $150,000 and a DAP of $27.49.
The Australian Government also pays an accommodation supplement for residents who are unable to contribute to the cost of their accommodation. So in this way anyone, no matter what their financial circumstance, can access the care we offer.
2. Care costs
The Commonwealth Government subsidises the cost of care. Residents are asked to contribute in the following two ways:
Basic daily care fee
All residents pay a Basic Daily Care Fee which goes towards care needs and living expenses such as meals, cleaning and laundry. The standard Basic Daily Care Fee is 85% of the single pension.
Means-tested care fee
In addition, residents whose income and assets exceed thresholds set by the Australian Government will also be asked to pay a means-tested care fee which contributes to the cost of their clinical care.
So what will the total cost be?
Your specific care costs will depend on a number of factors, including your particular circumstances and care needs. If you would like to discuss these further, please contact our Business Manager.
To make things clearer, here are some examples of how accommodation and care costs might interact in individual cases. Please also have a read of our frequently asked questions.
Shirley is a full pensioner who was renting a unit in Berrigan. When she was assessed as eligible for residential care, she moved into Amaroo Aged Care. Because she did not have significant income or assets, Shirley receives the government’s accommodation supplement and she does not have to pay the means tested care fee. She will use her pension income to pay the basic daily care fee.
Bob is a retired plumber who lives in Berrigan. When he discovered he needed residential care, he sold his house for $200,000 and moved into Amaroo Aged Care. The home’s maximum accommodation price is $300,000 and he chose to pay a combined $150,000 refundable deposit and a $27.49 daily accommodation payment. He also pays a means tested care fee out of the remaining $50,000 from the sale of his former home. He also pays the basic daily care fee out of his pension.
Noel is a retired farmer from the Riverina. Before he moved into Amaroo Aged Care he lived in a house on a farm that was worth $800,000. He paid the full refundable deposit of $300,000 and so did not have to make any daily accommodation payments. He now pays a means tested care fee based on his assets and his investment income. He also pays the basic daily care fee out of his investment income.