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Balance Retirement & Aged Care Specialists

March 2020 Changes to Aged Care Fees

Posted on: April 3rd, 2020 by Eric Hiam in News

The Government has announced the indexation to the Aged Care Fees for March 2020, only the Basic Daily Care Fee changes affect existing residents.

Post July 2014 Residents,
Basic Daily Care Fee (BDCF)$52.25/day
Annual Limit of Means Tested Fee$28,087.40 pa
Lifetime limit of Means Tested Fee$67,409.85

 

Pre July 2014 Residents
Basic Daily Care FeeStandard$52.25/day
Phased$52.25/day
Protected$47.63/day
Non Standard$59.31/day
Maximum Income Tested Fee$82.98/day