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Balance Retirement & Aged Care Specialists

March 2017 Changes to Aged Care Fees

Posted on: March 20th, 2017 by Eric Hiam in Aged Care Financial Planning

The Government has announced the indexation to the Aged Care Fees for March, only the Basic Daily Care Fee changes affect existing residents.

Post July 2014 Residents,

Basic Daily Care Fee (BDCF)

$49.07/day

Annual Limit of Means Tested Fee

$26,380.51pa

Lifetime limit of Means Tested Fee

$63,313.28

 

Pre July 2014 Residents

Basic Daily Care FeeStandard

$49.07/day

Phased$49.07/day
Protected

$44.74/day

Non Standard

$55.71/day

Maximum Income Tested Fee 

$77.94/day