Fees and Charges

Transparent Fees & Financial Support

The Government has set a number of different fees for residential aged care depending on the type of care you need & your financial circumstances.  Unlike many other providers, OLOC does not charge fees for Additional Services. We explain these fees below.

Respite & Restorative Short-Term Care

Residents attending for respite care pay only one fee known as the Respite Basic Daily Fee as set by the Government, covering the day to day costs of your care.  Extra costs, such as pharmacy and hairdressing will be invoiced at the end of your respite stay.

Permanent Residential Care

Permanent Residential Care has a number of different fees, depending on your financial circumstances as assessed by the Government. Each one is outlined below:

Basic Daily Fee

This fee covers the costs of your day to day living such as meals, electricity, cleaning, laundry and other expenses as set by the Government. This fee is the same across all aged care facilities in Australia. Extra costs, such as pharmacy and hairdressing are invoiced monthly.

Means Tested Fee

This fee is a contribution towards the cost of your care. This is determined by the Government based on a means test assessment. If you are assessed as needing to pay the Means Tested  fee, the fee is paid monthly as advised by the Government. The MyAgedCare Fee Estimator Tool is a helpful way to determine how much you may need to pay (myagedcare.gov.au/fee-estimator).

Accommodation Fee

The accommodation fee is the price of your room set by OLOC, which can vary from room to room. You may not need to pay the accommodation fee, depending on the means test assessment of your financial situation by the Government. The means testing assessment will place you into one of the three following categories:

• Supported Resident: The government will pay for your accommodation.
• Partially Supported Resident: The government will cover some of your accommodation costs.
• Self-Funded Resident: You will be required to pay the full accommodation fee.

If you are assessed as needing to pay the accommodation fee, you have a choice to pay it in a number of ways:

Refundable Accommodation Deposit (RAD)

You pay the fee as a lump sum that is completely refundable when you leave the facility for any reason.

Daily Accommodation Payment (DAP)

You pay the equivalent of the RAD daily. The DAP is the daily interest payment on the full room price where the maximum permissible interest rate is set by the government.

Combination of Both RAD & DAP

You can pay a combination of both types, with a partial lump sum and the remainder as the daily interest payment. In this situation, only the partial lump sum is refundable.

What will I need to pay?

You can use the fee estimator on the My Aged Care website to get an idea of what costs you may be expected to pay.

For more information on fees and charges, go to https://www.myagedcare.gov.au/aged-care-home-costs-and-fees

Accommodation Fees at OLOC

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