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The procedure to be followed where a person who is assessed under the pre-accommodation bond rules is better off assessed under the new rules is as follows:
1.Delete entry contribution from assessment
Note the amount of the entry contribution that is being held as a loan in the person's financial assets and then delete the loan from their assessment.
2.Enter accommodation bond amount
In the “Accommodation Bond” field, enter the amount that was previously assessed as a loan.
A warning message will appear confirming that it is only appropriate to enter an accommodation bond for a pre-1 October 1997 date of entry to aged care if the person has moved between facilities or has requested assessment under the accommodation bond rules instead of the previous entry contribution rules.
Since the person is not actually entering aged care there is no need to alter the “Date of Entry” field.