Financial

Everybody’s financial situation is different, which is something PAC always considers carefully.

This means that, in accordance with the Aged Care Act, PAC ensures that those less well-off will still have access to all our residential care facilities.

All people entering residential care will have to pay a minimum daily fee, set by the Government, which equates to 85% of the basic pension. This acts as a contribution towards accommodation costs and living expenses, such as food, laundry and heating. 

PAYMENT OPTIONS
Residents can choose to pay for their accommodation by a refundable deposit, a daily payment, or a combination of both.

  • A refundable deposit is paid as a lump sum amount (RAD).
  • A daily payment accrues daily and is paid monthly (DAP).
  • A combination payment includes both a partial lump sum and daily payments.

RAD (REFUNDABLE ACCOMMODATION DEPOSIT)
The maximum accommodation price that a resident could be charged for the room or part of a room (one set of price information for each room name).

RAD Approval
As none of our sites RADS are above $550,000.00, no0 RAD approval is required.

DAP
The daily accommodation payment as mentioned in the payment options above.

EXTRA SERVICE BASIS
No rooms or part of rooms are offered on an extra service basis.

Residents may also be asked to pay other fees dependant on means & asset testing conducted by Centrelink or the Department of Veterans’ Affairs. Additionally, there may also be charges for individual services like hairdressing.

For further information please visit www.agedcareaustralia.gov.au or call the Aged Care Information Line on 1800 200 422 (free call except from mobile phones).

An overview is provided on page 7 of our brochure, alternatively make an appointment to speak with your local PAC manager.