Schedule of fees and charges that will take effect from 1 January 2021
An update of the schedules for residential and home care fees and charges will take effect from 1 January 2021.
View the updated Schedule of Fees and Charges for:
- Residential and home care recipients who started care on or after 1 July 2014
- Residential and home care recipients who started care before 1 July 2014
Services Australia’s quarterly review of fees and charges for all aged care recipients will take effect from 1 January 2021. Aged care recipients and providers will receive letters letting them know if there is a change to a care recipient’s fees and charges or if a refund may be due.
MPIR from 1 January 2021
The maximum permissible interest rate (MPIR) will decrease to 4.02% for the period from 1 January to 31 March 2021 for calculating:
- accommodation prices
interest on refunds of accommodation lump sum balances
View current and past MPIRs.
Providers must ensure:
- their published accommodation prices on the My Aged Care website are up to date. If you have any questions call the My Aged Care service desk on 1800 836 799.
- the accommodation prices published on their own website and in relevant written materials are up to date.
Department of Health
The team at Daily Beacon work hard to bring you the truth about what’s going on in aged care in australia (and sometimes further afield). We welcome contributions from interested, well informed people like you, so get in touch if you have something to say.