Aged Care Terminology
The Aged Care industry & the Government uses many acronyms to describe various aspects of the process & regulations, understanding what these mean, may help you understand how to navigate this bureaucratic world. This document also explains what some of the relevant terms you are likely to come across.
- ACAT
- Accommodation Bond
- Accommodation Charge
- Accommodation Contribution
- Accommodation Payment
- ACFI
- Assets Tested Amount
- Basic Daily Care Fee
- Concessional resident
- DAC
- DAP
- Extra Service Fee
- Fully Supported resident
- Income Tested Amount
- Income Tested Fee
- Limited Means Care recipient
- Means Tested Amount
- Means Tested Fee
- MPIR
- Partially Supported resident
- Periodical Payment
- RAC
- RAD
- Unsupported resident