Contributions & fees
When you’ve been assigned a Home Care Package and have chosen Silver Chain to provide your care, the Government will pay the subsidy for your Home Care Package directly to us. The subsidy amount will vary depending on the level of Home Care Package you have been assigned. Depending on your financial circumstances, you may be required you to contribute to the cost of your care.
Estimating the costs
There are two different fees that you may or may not need to pay to contribute to the cost of your care. Your contributions will be calculated based on your Aged Pension and any other income you receive.
- The basic daily fee
The basic daily fee is 17.5% of the single person rate of the basic Age Pension. As the Age Pension is reviewed every 6 months, this fee is subject to change. Whilst some Home Care Package providers charge this as a mandatory fee, at Silver Chain, we work with you to balance your package budget so that you don’t need to contribute this amount.
- Income tested fee
The income tested fee is different for everyone because it’s based on your individual income. To help you understand if you will be required to pay an income tested fee, you can use My Aged Care’s fee estimate calculator. Alternatively, you can complete an income assessment form.
We’ll discuss any contributions you are required to make to the cost of your care during the set up of your services. When you start receiving services with us, you’ll receive a statement which will give you a breakdown of your services and your contributions.
Find out more about Home Care Packages
For more details about Home Care Packages, call us on (08) 9242 0119 (or 1300 761 577 for country callers) to discuss your needs.