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BAC Fee Schedule 1st January 2024

The document outlines the fee schedule for a retirement home effective January 2024. Standard room rates have a maximum refundable accommodation deposit of $450,000 and daily accommodation payment of $103.31. Suite room rates have higher maximums of $750,000 deposit and $172.19 payment. The basic daily care fee of $60.86 applies to both room types and additional services are detailed in a separate brochure.

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Fei Sean
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45 views1 page

BAC Fee Schedule 1st January 2024

The document outlines the fee schedule for a retirement home effective January 2024. Standard room rates have a maximum refundable accommodation deposit of $450,000 and daily accommodation payment of $103.31. Suite room rates have higher maximums of $750,000 deposit and $172.19 payment. The basic daily care fee of $60.86 applies to both room types and additional services are detailed in a separate brochure.

Uploaded by

Fei Sean
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Fee Schedule Effective 1st January 2024

Room Type Standard Suite

Maximum RAD $450,000 $750,000

Maximum DAP $103.31 $172.19

$60.86 $60.86
Basic Daily Care Fee (BDC)

Please refer to the Additional Please refer to the Additional


Additional Services Services brochure Services brochure

These fees include:

Maximum Refundable Accommodation Deposit (RAD)


A refundable accommodation deposit works like an interest-free loan to an aged care home. The balance
of the deposit is refunded when you leave the aged care home less any amounts you have agreed to
have deducted.

Maximum Daily Accommodation Payment (DAP)


Instead of paying for your accommodation as a lump sum you can choose to pay as daily payments. The
amount you pay is based on a daily rate which is why this type of payment is called a ‘daily accommodation
payment’. However, daily accommodation payments, unless you have paid in advance, are not refundable
if you leave the aged care home.

Basic Daily Care (BDC)


The Basic Daily Care Fee changes every 6 months (March and September) in line with pension increases
and is legislated by the Commonwealth. Pensioners and Non-Pensioners pay a BDC fee. The
classification of the BDC fee is divided into four categories: Standard resident, Phased resident, Protected
resident and Non-standard resident contribution. The Commonwealth determines these fees and they
vary for each category. The Department of Health and Ageing will advise each resident which rate is
applicable to them.

Additional Services
This fee is paid by those who chose to Opt-in to any Additional Services provided by the Facility. Please
refer to the Additional Services Brochure available from the Client Liaison Manager.

Means-Tested Care Fee (MTCF)


This is an additional contribution towards the cost of care that some people may be required to pay. The
Department of Human Services will determine if you are required to pay this fee based on an assessment
of your income and assets, and will advise you of the amount. Please note that the fees and charges set
out in this table are intended as a guide only. Amounts of fees and charges are subject to change from
time to time without notice. You should confirm the current fees and charges at the date of entry.

Taxation
Any resident subject to a tax return for the financial year can claim most Aged Care Fees as a medical
expense against taxable income.

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