"Aged Care costs MONEY....The more money you have, the better...

  1. 133 Posts.
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    "Aged Care costs MONEY....The more money you have, the better care you are likely to receive.
    I make that statement as a "general situation" comment."

    What happens the more more you have the more you pay.
    If you have been a welfare recipient all your life and dont own anything, If you have nothing but a pension they take a portion of it. No other fees. If you own a home. You will have to sell it or rent it to create income they will take.
    I think things have changed but when my mother went into aged care she paid - $330,00 Accommodation Bond up front. Then on a fortnightly basis there was a Basic fee, an Income and Asset Tested Fee and an Extra Services Fee. All up about $1,500 a fortnight.
    Some people who only had a pension didn't pay a cent out of their own pocket. All had similar rooms etc

    As Ive said many times -
    In Australia the harder you work the more the Govt screws you over AND the less you work the more the Govt throws $$$ at you.

    AMP, ANZ, BEN, BHP, BOQ, BSL, CBA, COL, IAG, MPL, NAB, NHF, S32, TLS, WBC, WDS, WES

    Last edited by Robboj: 08/02/24
 
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