Living Longer Living Better

When the Living Longer Living Better aged care reforms became effective from 1st July 2014, residents who enter into care with Christadelphian Aged Care will have the choice of paying a Refundable Accommodation Deposit (RAD), a Daily Accommodation Payment (DAP) or a combination of both on a Bed Price. Residents have 28 days after entry to decide their choice of payment.

Christadelphian Aged Care, as per Government requirements have advertised on our website, the maximum amount to be charged for each group of rooms at each Home. RAD’s are completely negotiable. We suggest you compare similar aged care services within the locality suitable for you needs, and contact us to discuss your options.

What is a Refundable Accommodation Deposit (RAD)?

A refundable accommodation payment is an amount of money payable as an entry fee or rather, a purchase of your new Home. The balance of the RAD (after agreed deductions have been drawn down) will be refunded to the resident (or estate) upon the termination of the resident agreement.

If any amounts are drawn down, the daily accommodation payment will be increased by an amount that compensates for the impact of receiving lower earnings due to the decreasing refundable accommodation payment balance.

What is a Daily Accommodation Payment (DAP)?

A daily accommodation payment is the amount calculated by converting the RAD into a daily charge using the maximum permissible interest rate (MPIR) that applied on the price agreement day, or rather, your daily hotel type services

Maximum Permissible Interest Rate (MPIR)

Interest rates are determined the Australian Government and updated quarterly. Currently set at 5.73% (1/7/17 - 30/9/17)

To calculate the DAP, multiply the RAD for a room by 5.73% and divide by 365.

For example, a RAD of $300,000 becomes a DAP of $47.10 per day

Government accommodation supplement – Means Tested Care Fee

The Government will continue to pay a supplement to Christadelphian Aged Care for residents who they have assessed as being eligible for the accommodation supplement. Eligibility for residents entering care after 1 July 2014 will be determined under new means testing arrangements involving a combined income and asset test. The Government will either pay the maximum accommodation supplement or a part accommodation supplement, depending on the resident’s assessed financial circumstances.

This is currently set at $26,566.54 (indexed) per annum including ITF for Home Care during the year OR currently $63,759.75 (indexed) over a lifetime including ITF paid for Home Care. This is charged on top of Daily Accommodation Payment (DAP) and reset each financial year.

Basic Daily Fees

Basic daily fees are payable by all residents regardless of income and assets. They cover daily living expenses such as food, electricity and laundry services. They are set at 85% of the single aged pension and are currently charged at $49.42 per day (20th September 2017 - 20th March 2018) They are indexed quartely to CPI.

The Refundable Accommodation Payment balance is returned when;

·         The person being cared for passes away, or

·         The person being cared for ceases to be provided with residential aged care within the facility, or

·         The care facility ceases to be certified under the Act

Publication of accommodation prices and details helps foster greater transparency and supports consumers to make informed choices about their care.

Christadelphian Aged Care looks forward to assisting you to progress through these Governmental changes to residential aged care (from 1st July 2014) securing the best possible solution for your care and financial requirements


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