The financial side of Aged Care can easily become confusing. The multitude of terms and government processes to comply with can become overwhelming, so our role is to provide a clear, concise and current explanation of your options. Please don’t hesitate to contact us to discuss your situation with one of our friendly team members.
Refundable Accomodation Deposit (RAD)
A Refundable Accommodation Deposit (RAD) is a lump sum accommodation payment that is assigned to every aged care room in Australia. This payment is fully refundable when you leave. If you decide not to pay RAD in full, you may choose to pay a smaller deposit combined with a Daily Accommodation Payment (DAP). Your DAP payment is adjusted based on the amount you are able to pay upfront. The more you are able to pay upfront will lower the amount of your DAP payment.
Basic Daily Fee
Residents are required to pay a basic daily fee which goes towards cleaning, meals, laundry and other day-to-day costs of living. The current government-set maximum daily fee for all residents is 85% of the basic single age pension. Your maximum basic daily fee will be confirmed by the Department of Human Services upon your entry to an Aged Care community such as Kintyre Lodge.
Means-Tested Fee (MTF)
If you are entering aged care on a permanent basis you may also be required to pay an additional contribution fee. This is a government fee which is based on testing your income and assets. There are annual and lifetime caps in place for this contribution.
Additional Service Fee
You may wish to access options from our Additional Optional Service Menu. This is a fee set by Kintyre Living, and is applicable for access to our suite of Premium Services. Please enquire about these services and the current fee during your appointment with one of our friendly consultants.
For further details on Kintyre Lodge, please visit https://www.myagedcare.gov.au/