Key Points RAD is fully refundable when you leave care, unless you allow the service provider to deduct other fees to help with your cashflow. Accommodation payments are quoted as a lump sum but...
Posts by Aged Care Financial Advisers
Key Points Selling your former home is not your only choice. Renting allows you to live in a home you can’t afford to buy, or don’t want to buy. Your residential care room price is usually...
Key Points Each home care package comes with an assigned budget that you can choose how to spend on care services (after administration costs). Part of this budget is paid by the government and...
Key Points If you want the government to pay some of the cost, you need to contact MyAgedCare and arrange an assessment with an ACAT/ACAS. Once you are approved, you will be added to the...
Key Points Problems with home design is often a major reason why people move into residential care. Making your home age-friendly through home modifications may help an elderly person to stay in...
Key Points Home Care Package (HCP) are one of the ways that older Australians can access affordable home care services. Home care is the preferred aged care option because it may allow you to...