Fees + options

Fees

At the Pioneers Lodge, we provide the highest possible quality of care to all people with an assessed need, regardless of their financial circumstances. This means that your financial situation will not affect finding a place.
There are a number of pricing options available for residents. These can be complicated, but we’ve tried to make them as clear as possible. If you’re not sure what the best option for you is, or if you would like to talk to someone about your financial situation, please don’t hesitate to get in touch.
Your fees cover the care you receive and your accommodation, and sometimes additional services. Outlined below are the fees you may be required to pay based on the room type you are considering.
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Care Fees

Basic daily fee ($58.98 per day)
+
Means tested care fee
(Determined by Services Australia)
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What is this?
Care fees include the Basic Daily Fee and a Means Tested Care Fee.

Basic Daily Fee
This fee is set out by the Government and equates to 85% of the full pension. The fee amount will be reviewed by the government on the 20th of March and 20th September each year in line with the pension increase. Everyone in aged care is required to pay this fee unless they are experiencing financial hardship which will be determined by Services Australia.

Means Tested Care Fee
This is an additional daily care contribution fee. This fee is determined by Services Australia upon completing a means test and is capped annually and over a resident’s lifetime.
How does the means-tested care fee work?
If your income is higher than the basic full pension rate and/or your combined assets are above a set threshold, you will be asked to contribute to the cost of your care.
No one will be asked to pay more than $31,706.83 in one year or more than $76,096.50 over their lifetime

Accommodation prices are accurate as of 1 July 2023 but are subject to change. Final costs are confirmed on the date of admission (subject to receiving the assets and income assessment letter if you choose to carry out this assessment).

+ Accommodation Fees

Your choice of 4 fee payment options (see below)
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What is this?
This payment will differ at each home based upon the room type you choose. To allow you flexibility there are four payment options to choose from.

  1. Daily accommodation payment
  2. Refundable accommodation deposit
  3. Combination payment
  4. Drawdown payment
Accomodation fee options
In addition to care fees, you may also be required to pay an accommodation payment. The accommodation payment refers to the price of the room that you choose and will vary across aged care homes. The amount that you are required to pay is based upon an individual’s assets and income and is determined by Services Australia upon completing a means test. You may be required to pay all or contribute to the cost of your accommodation. The means test is not compulsory to complete, but for those who choose not to you will be required to pay the full room price.

Do you have concerns about affordability of accommodation fees? Ask us about us about government funded accommodation options.

Calculate the cost

To allow for flexibility there are four ways in which you can choose to pay for your accommodation.

Option 1

Daily Accommodation Payment

$97.39 (per day for a single room)
or
$64.93 (per day for a shared room)

What is this?
Instead of paying for your accommodation as a lump sum you can choose to pay a daily fee. The amount you pay is based on a daily rate; as agreed with your service provider in line with the current MPIR (maximum permissible interest rate 7.90%).
OR

Option 2

Refundable Accommodation Deposit


$450,000 (single room)

or

$300,000 (shared room)

What is this?

This option is a lump sum accommodation payment. The balance of the deposit is refunded when you leave the aged care home less any amounts you have agreed to have deducted.
OR

Option 3

Combination Payment
Use this helpful tool to calculate your desired combination payment. Entering an amount will automatically adjust the second amount.

Daily Accom. Payment
$43.28 (per day single room)

and

Refundable Accom. Deposit
$250,000 (lump sum for a single room)

What is this?

Part refundable accommodation (RAD) deposit and part daily accommodation payment (DAP); with the part Refundable Accommodation Deposit being refunded when you leave the aged care home.

OR

Option 4

Drawdown Payment

What is this?

This option is similar to the combination option, but the Daily Accommodation Payment component is taken from your Refundable Accommodation Deposit, with the balance of the deposit refunded when you leave the aged care home.

Real-time calculator

Easy steps to calculate your rates.

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