What is the initial step for getting into an aged care facility?

In order to get into an aged care facility, you have to consult with the Aged Care Assessment Team or ACAT in your local area. They are the ones who will assess if you are eligible for aged care.

What are the aged care fees and charges in Adelaide?

First, there is Refundable Accommodation Deposit (RAD) or Daily Accommodation Payment (DAP). There will also be a basic daily fee, means-tested care fee, and an additional service fee on top of RAD or DAP.

What is Refundable Accommodation Deposit (RAD)?

Previously known as an accommodation bond, Refundable Accommodation Deposit (RAD) is an interest free bond that you are loaning to your aged care facility upon our entry. You will get this back within 14 days after moving out or in case of death.

What is Daily Accommodation Payment (DAP)?

If RAD is too much of a burden for you, there is what they call Daily Accommodation Payment (DAP), which you can pay in staggered payments, as opposed to lump sum amount you pay through RAD. You have 28 days after entry to decide whether you want to pay the aged care entry fee (what used to be called the ‘accommodation bond’) through RAD, DAP, or a combination of both.

How much will my RAD or accommodation bond cost?

Though, it varies with each aged care facility RAD typically ranges from $300,000 to $500,000 (and could be more in some cases).

What about the Basic Daily Fee?

As an aged care resident, you have to pay for your daily living expenses, which is known as the Basic Daily Fee. The fee is valued at $46.50 per day as of July 2014.

What is a Means Tested Care Fee?

The Means Tested Care Fee is determined based on your assets and income. This fee should not be more than the cost of care.

What is the Additional Service Fee?

If you want to access extra care or “luxury” services on top of the standard amenities, you will be charged an Additional Service Fee.

What if I don’t have money to pay for RAD? Is selling my home an option?

Yes. It is an option but it may impact on your pension, taxes, and nursing home fees. Alternatively, there are other options you could consider. It is important that you seek financial advice before making a decision.