Aged Care Accommodation price increasing to $750,000 from 1 January 2025!
Currently, aged care facilities need to seek agreement of the Independent Health and Aged Care Pricing Authority to charge above $550,000 for a room.
From 1 January 2025, facilities will only need approval if charging over $750,000, subject to indexation on 1 July each year to CPI.
This will likely result in most Aged Care Facilities automatically increasing their Refundable Accommodation Deposits or RADs to $750,000 from 1 January 2025. We urge those considering entry to care to ACT NOW or RISK PAYING ANOTHER $200,000 TO ENTER RESIDENTIAL AGED CARE!
Please contact us today to make an appointment with one of our Aged Care Financial Advice specialists so we may assist you to secure placement before this deadline.
RESPITE CARE- BOOK NOW TO SECURE CHRISTMAS HOLIDAY PLACEMENT FOR YOUR LOVED ONE
Caring for someone can be a very tiring experience. If you are caring for an older family member and need a short break, respite care is a good option to consider. Respite care services give you a chance to get some rest, enjoy some personal social activities or catch up on things that you need to do in your own life.
Respite services include:
- in-home care
- social activities and day outings
- overnight care
- short stays in aged care homes
- emergency assistance if something happens to you
With the Christmas and holiday season approaching, Aged Care facilities are already reaching full capacity with the additional placement of respite care residents to give family members a break over the holiday season. We highly recommend that you act now to ensure that your family member can be placed accordingly.