Hotels and aged care homes generally have little in common, although increasingly similar services are emerging in both – including higher standards of accommodation, food and entertainment.As at June 2017, about 230 aged care homes had special government approval to offer extra services and were charging more for about 7500 rooms accordingly. The increased cost for these
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Category Archives: Aged care Australia
With the increasing proportion of people aged 65 and over, the problem of elder financial abuse is a growing concern. While the full extent in Australia is unknown, conservative estimates suggest at least 10 per cent of older Australians suffer from financial abuse each year. The surprising factor is that their adult children are most
Placing a parent in an aged care facility can be a distressing time for families. It is not a pleasant experience financially either. Since the federal government introduced aged care reforms in July 2014, collectively families have been forced to find an extra $3 billion a year to move an elderly relative into an
The government will subsidise aged care for elderly people with low means June Daley*, 93, shared her home with her daughter Marjorie, 66, for 15 years before she moved into residential aged care. The aged pensioner had savings of about $80,000 but nowhere near the $300,000 refundable accommodation deposit her preferred care home was asking. Marjorie
You’ve seen the brochures and driven past the building; but the only way to really know whether an aged care facility might be the right one for you is to look inside. First impressions count for a lot but it is also important to get an understanding of how they operate to know whether it
Canberra winters can be cruel, but for someone waiting for a bed in a residential aged care facility the cold weather may have been their salvation. Most of Canberra’s 30 aged care facilities are used to long waiting lists and to turning away people who need higher levels of care than can be given in
Would you or your ageing parents, given the choice, prefer to grow old at home rather than moving into residential aged care? Whether it’s complex nursing, palliative care or help with daily chores that’s needed, leaving home is no longer always necessary for those requiring assistance. Not only are there growing numbers of government-subsidised home-care
The accommodation component of aged care is no small amount. Accommodation prices currently published by providers on the government website My Aged Care range between $50,000 and $2,000,000, with an average price of $359,000. The RAD is the lump sum payment which can charged by a facility. Those that can afford it will pay what
Family gatherings can be full of emotion at the best of times, but there is nothing like the festive season to bring out the best and worst of people. For many the chance to get together would have been a reality check on how senior family members are faring. It might have been when everyone
To sell or not to sell the family home is one of the most often asked questions when it comes to trying to work out the best way to fund aged care accommodation costs. Trying to work out the money implications of different ways to fund aged-care accommodation can be mind boggling. Aged-care specialist Later