Types of fees
Aged care facilities charge a range of fees to cover care, accommodation costs and living expenses. These can vary enormously between facilities and from resident to resident. You may be charged for the care and services provided as follows:
- Basic daily fee – as a contribution toward accommodation and costs of daily living.
- Means tested care fee – as a contribution towards the cost of care.
- Accommodation costs – as a contribution towards capital accommodation costs. This can be paid via an accommodation contribution or payment on a daily basis or as a deposit (which is refundable).
- Extra service fees – for residents residing in facilities approved to provide extra services to access a higher standard of accommodation, services and/or food.
To find out more about aged care options make an appointment with a Bridges financial planner.