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Residential Care

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Fee & Charges

Fees and charges payable include:

  • A Basic Daily Care Fee
  • A co-contribution
  • Where determined by Centrelink or DVA, an accommodation payment.

The Basic Daily Care Fee is set by the Government and equates to 85% of the single pension. These amounts vary from time to time as the level of the pension increases.

The co-contribution is an amount which is assessed by Centrelink or the Department of Veterans Affairs (if the person is a veteran). It is the amount which the government agency determines as the amount which the consumer can pay towards the cost of their care. These amounts are subject to Yearly and Lifetime caps which are set at the time of the consumer’s entry to residential care and which are indexed in accordance with the CPI. Further information is available on www.centrelink.gov.au

The Accommodation Payment is set by the Board of St Sergius and is varied from time to time. They are only applicable to those consumers that Centrelink or DVA determines as having the asset base to afford such a payment. The maximum Refundable Accommodation Deposits (RADs) and the corresponding Daily Accommodation Payments (DAPs) are as follows:

St.Sergius Aged Care  RAD & DAP for all new residents admitted on or after 1/10/2024

Room TypeRADDAP
Single with ensuite$400,000.00$91.84 per day
Single$380,000.00$87.24 per day
Double with ensuite$360,000.00$82.65 per day
Double$340,000.00$78.06 per day
3 Bed ward with ensuite$330,000.00$75.76 per day
3 Bed Ward$310,000.00$71.17 per day
4 Bed Ward$290,000.00$66.58 per day

Consumers have the right to choose which option would best suit their financial arrangements. Within 28 days of entering the facility consumers must advise the management of St Sergius which option they wish to choose. If this is not done the management of St Sergius will implement the preferred option of the Board of RRA.

From the date of entry, and pending advice of the consumer’s preferred option of payment, consumers will be charged the Daily Accommodation Payment. Where the consumer chooses to pay by lump sum (RAD), the DAP will be charged until the lump sum is paid.

Please note, the Accommodation Payment can also be paid by a combination of the lump sum (RAD) and daily payment (DAP). This is done by the resident electing to pay a percentage of the RAD as a lump sum and the remainder as a daily payment. The daily payment is calculated by applying the Maximum Permissible Interest Rate (MPIR), currently at 8.38%, to the unpaid lump sum amount. An example is as follows:

Resident A enters into a single room with ensuite and chooses to pay the RAD 50% as a lump sum and 50% as a daily payment. Resident A would therefore pay a lump sum of $200,000 and a daily payment (DAP) of $45.92 per day. This daily payment was calculated as follows:

Unpaid lump sum$200,000
Maximum Permissible Interest Rate8.38%
DAP ($200,000 x 8.38%) divided by 365 days$45.92 per day

Prospective consumers who do not have the means to pay an accommodation payment are always welcome at St Sergius. 

St Sergius strongly recommends that you seek independent financial advice prior to making a decision regarding payment options.

Note: All accommodation payments (RAD and DAP) are negotiable.

The government has released the details of a new fee structure for aged care, which has bipartisan support. Find out how they will affect you.www.abc.net.au