Changes to aged care fees - for some
November 7, 2022
Two things happened on 1 October that have seen aged care costs increase for some people in residential care – the interest rate increased and so did the maximum daily means-tested care fee. And these changes follow closely after the 20 September indexation, which saw a bi...
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aged caredementiahome careresidential careenduring power of attorneyenduring power of guardianshipACAT assessmentadvanced health directiveestate planninghome care packagehomecareplanning for aged careaged care optionsfinancial decisionsfunding the costs of caregovernment fundinggranny flatshome modificationsindependent livingmeans tested feememory lossradretirement villageretirement village versus residential carewillsaccurate recordsAged care fee changesaged care workforceavoid conflictsbasic daily feebeneficiariesbest interestbrain gamesBudget 2022Budget changesbudget2022can children pay for my aged carecarercentrelinkcentrelink benefitscentrelink changes moving into carechanges when your spouse moves into carecommunityCost of carecouples later in lifecyber securitydaily accommodation depositdapdeath benefit nominationsdecision makerdecisions EPoAdefining a coupledementia friendly homedepartment of veterans affairsdva benefitsfamily meetingfinances for couples not black & whiteforgetfulnessformal agreementfrailty yearsfunding for aged caregovernment subsidised caregranny flat arrangementsgranny flat interestgranny flat rightshand railshealth directiveshelp at homehierarchy of decision makershigher than expected feehome arrangements change moving into carehome care package costshome care providershome owner and pensionhonour or burdenhospital car park family meetingshow to minimise high entry feesincome tested feeindependenceLetters of Administrationlife interestslifestyle changes moving into carelifestyle decisionslose capacitymedical treatment decisionsmental incapacityMyAgedCarepaying for aged carequality of carequality of lifestylerampsRASrefundable accommodation depositRegional Assessment ServiceResidential care fee changesresidential care qualityresidential feesrespite careretirementretirement village versus land leasesafetyscam watchscamssigns an ageing parent needs helpsocial isolationsupportsupport for aged