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Aged Care Fee Calculator

 

The Aged Care Fee Calculator is an online feature exclusive to the Health and Aged Assist website portal. This unique tool allows you to calculate how much you can expect to pay in aged care, based on individual care requirements and financial status. It is easy to use and works simply by recognising the amounts that you have entered, the level of care and corresponding this data with the current care fees, pension rates etc.

Please note: This Aged Care Fee Calculator is only as accurate as the information you provide. To determine whether you are able to better your rate, it would be advisable to contact a licensed financial advisor who specialises in Aged Care (click here).

Call our office today to find out how we can help you.

 

CATEGORY

CARE TYPE

Low Care or High Care

PENSIONER

Is he or she a pensioner?

INCOME PRODUCING ASSETS

Bank Account$
Term Deposits$
Managed Funds$
Total Value of all Shares$
Other$
Deeming is a simple set of social security rules used to assess income from assets. Current deeming rates are:

Single:
  • 3% up to $42,000
  • 4.5% on everything above

Couple:
  • 3% up to $70,000
  • 4.5% on everything above

NON - INCOME PRODUCING ASSETS

Car$
Home Contents$
Collectables$
Boat$
House
Other$

INCOME (Fortnightly)

Superannuation Pension (Fortnightly)$
Rental Income (Fortnightly)$
CentreLink or DVA Pension Amount (Fortnightly)$
Other Income (Fortnightly)$
Rental income is exempt where the former home is being rented and the age care resident is paying an accommodation charge or periodical payment on an accommodation bond.

If you have a annuity income or allocated pension income you may need to seek financial advise.

Click here to view pension rates
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