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3.3.1 Overview

An aged care resident may be asked to contribute towards the costs of their care accommodation depending on their means. Only residential aged care homes which are certified as meeting set standards of care and accommodation may charge an accommodation payment. The accommodation costs charged by the facility cannot leave a resident with residual assets below a minimum permissible asset amount prescribed in the Aged Care legislation.

Accommodation costs are calculated taking into account income and assets. All residents will have the choice to pay for their accommodation either as a refundable amount, an equivalent daily payment or a combination of both.