A resident must be left with this amount when $46,000 calculating the maximum accommodation bond. Cut-off Level for fully supported3 resident status $46,000 for partially supported3 resident status in a service $157,987.20 that is newly built or significantly refurbished for partially supported3 resident status $118,966.40 Interest Rates Maximum Permissible Interest Rate Per Annum – For accommodation bond agreements for all new residents from 1 July 2015 6.15% – 30 September 2015 for all new residents from 1 October 2015 6.14% – 31 December 2015 For accommodation charge agreements for all new residents from 1 October 2015 3.50% – 31 December 2015 Base Interest Rate Per Annum – For accommodation bond agreements for all new residents from 1 October 2015 3.75% – 31 December 2015 2 Maximum Daily Accommodation Charge for pre 1 July 2014 residents5, 7 (including those pre 1 July 2014 residents who enter your home during the period 20 September 2015 19 March 2016) – for supported, concessional and charge N/A exempt residents Residents who first entered residential aged care between 20/3/2008 30/6/20144 – non-supported residents, if their assets at entry up to $35.08 or capped at maximum rate of are at least $118,966.40 previous entry supported residents, if assets at entry are calculated amount6 equal to or less than $118,966.40 Residents who first entered residential aged care between 1/7/2004 19/3/2008. – assisted residents, if their assets at entry are at up to $12.84 least $69,433.00 assisted residents, if their assets at entry are less calculated amount3 than $69.433.00 other residents, if their assets at entry are at least up to $22.44 $86,953.00 other residents, if their assets at entry are less calculated amount3 than $86,953.00 Residents who first entered residential aged care before 1/7/20048
A resident must be left with this amount when calculating the maximum accommodation bond. $46,000 Cut-off Level for fully supported3 resident status $46,000 for partially supported3 resident status in a service that is newly built or significantly refurbished $157,987.20 for partially supported3 resident status $118,966.40 Interest Rates Maximum Permissible Interest Rate – Per Annum For accommodation bond agreements for all new residents from 1 July 2015 – 30 September 2015 6.15% for all new residents from 1 October 2015 – 31 December 2015 6.14% For accommodation charge agreements for all new residents from 1 October 2015 – 31 December 2015 3.50% Base Interest Rate – Per Annum For accommodation bond agreements for all new residents from 1 October 2015 – 31 December 2015 3.75% 2 Maximum Daily Accommodation Charge for pre 1 July 2014 residents5, 7 (including those pre 1 July 2014 residents who enter your home during the period 20 September 2015 – 19 March 2016) for supported, concessional and charge exempt residents N/A Residents who first entered residential aged care between 20/3/2008 – 30/6/20144 non-supported residents, if their assets at entry are at least $118,966.40 up to $35.08 or capped at maximum rate of previous entry supported residents, if assets at entry are equal to or less than $118,966.40 calculated amount6 Residents who first entered residential aged care between 1/7/2004 – 19/3/2008. assisted residents, if their assets at entry are at least $69,433.00 up to $12.84 assisted residents, if their assets at entry are less than $69.433.00 calculated amount3 other residents, if their assets at entry are at least $86,953.00 up to $22.44 other residents, if their assets at entry are less than $86,953.00 calculated amount3 Residents who first entered residential aged care before 1/7/20048
schedule_of_fees_and_charges_-_pre_1_july_2014_residents_20_sep_2015_0.docx