What are the fees and charges for residential aged care?
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What you will pay will be set out in a Resident Agreement between you and Goodwin. It may vary depending on your financial situation, and the room you choose.
Moving into an aged care home may require one-off payments or deposits, as well as ongoing fees for your care, accommodation and daily living expenses.
There are strong protections in place to make sure that care is affordable for everyone. The Australian Government sets the maximum fees for care and daily living expenses, and there are also rules about how much you can be asked to pay for your accommodation.
You may be asked to pay one or more of the following fees in residential care. MyAgedCare provides a good explanation of these fees and charges at this link:
- a Basic Daily Care Fee: this covers living costs such as meals, power and laundry.
- a Means-Tested Care Fee: this is an additional contribution towards the cost of care that some people may be required to pay. The Department of Human Services will work out if you are required to pay this fee based on an assessment of your income and assets, and will advise you of the amount.
- an Accommodation Contribution:this is for your accommodation in the aged care home. Some people will have their accommodation costs met in full or in part by the Australian Government, while others will need to pay the accommodation price agreed with the aged care home. The Department of Human Services will advise you which applies to you based on an assessment of your income and assets.
MyAgedCare also offers a residential care fee estimator. Click here.
Is it essential to have an Enduring Power of Attorney appointed?
A resident can be admitted into our aged care facility without an Enduring Power of Attorney (EPOA) appointed, however we recommend that it is considered. An EPOA would come into effect if the resident became unable to make their own decisions, according to a formal diagnosis.
Will Goodwin help us with advanced care planning?
Yes. We will work closely with residents and their families/guardians on advanced care planning, as appropriate in preparation for end-of-life care. We recommend that you consider a plan in advance, to ease challenging times. Advanced care planning is addressed in the Pre-admission Pack that you will receive upon acceptance of a placement in one of our facilities.