Understanding nursing home costs can be challenging. When it comes to finances, there can be stress involved and it can take a while to work through everything that is required. We have looked at this topic before in our 7 Frequently Asked Questions About Aged Care...
Understanding the finances can be one of the most complicated aspects of the aged care process. In order to help answer some of these financial questions we have put together 7 Frequently Asked Questions About Aged Care Fees. 1. What are the different types of...
When you’re thinking of accepting residential aged care, you need to understand what it will cost and what your money is paying for. What are the different types of aged care fees? There are four different types of fee and while they might not all apply to...
What is a Refundable Accommodation Deposit (RAD)? Up until a few years ago, anyone entering aged care would pay a bond for their accommodation, as tenants do when renting a home. Today you pay a Refundable Accommodation Deposit instead, at a price set by the facility....
What is the difference between a DAP and a RAD and who pays what? Getting your head around the different aged care accommodation fees can be difficult but, in this article, we’re going to make it a lot easier to understand. In our last article we talked about...
