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There is an annual cap on the means tested fee of $30,574 at...

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dan1

18,693 Posts.

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23/10/22

15:52

Post #: 64345514
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Originally posted by craig57: ↑

Sorry you disagree with what I wrote , but I will give you some facts .
Since the last Election the RAD and DAP had increased by 2.24%, which means a nursing bed for $750,000 will cost an extra $16,800.00 a year , you can pay up to $2,000,000.00 a bed which would cost an extra $44,800.00 a year.
You would also pay Basic fees and Tested Care Fees of $171.10 a day (64,4515 a year ) if you own your home and some assets .

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There is an annual cap on the means tested fee of $30,574 at this stage.

You watch that either increase drastically or disappear altogether on the 25th

Last edited by dan1: 23/10/22
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