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If the government assesses you as having to contribute to your Home Care Package, then you must pay the ‘Income Tested Fee’. No Provider is able to waive this fee. If you don’t lodge an Income Test form then you will have to pay the maximum contribution - which is the equivalent to a self-funded retiree. (This is $31.14 per day capped at $11,335.48 per year – March 2021.) There is a lifetime cap of $68,012.98 (March 2021) on an income-tested care fee and/or means-tested fee. Main funding of the approved Home Care Package based on the level of HCP received. Income Tested Care Fee. The Commonwealth Government assesses the amount that an eligible care recipient can contribute to their care and reduces the Home Care Subsidy by that amount.

These caps are indexed and increase over time. The Department of Health does a quarterly review of income-tested care fees. Income-tested care fee. An income assessment determines if you need to pay this fee.

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Your total Package budget is made up of your government subsidy plus the basic daily fee and the income tested fee. What Can My Home Care Package Be Used For? You can only be asked to pay an income-tested care fee if you have a yearly income above the applicable thresholds.

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In a lifetime the maximum you can be asked to pay is $68,012.98 (as of March 2021) You can’t be asked to pay more than 50% of any income above the basic age pension rate. There are also annual caps in place. These caps are indexed and increase over time.
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Sep 16, 2020 According to the government, a home care package (HCP) may be My Aged Care said the basic daily fee and the income-tested care fee are Aug 3, 2018 The costs are negotiated directly with an approved service provider. a day, HCPs attract a (capped) income tested fee for income above a If you are a part pensioner or self-funded retiree, you may need to pay an income tested fee. This is a fee that is assessed and set by the Commonwealth Confused about Home Care Package Costs?

Indexation can change your income-tested care fee and basic daily fee. Changes to annual caps. Indexation of annual caps can affect the amount of income-tested care fees you can be asked to pay in a year. Currently the maximum amount is: $15.57 per day or $5,667.73 per year for people with income at or below $54,168.40 Both sets of fees are taken into account when calculating the maximum income-tested care fee.
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We’ll use these details to assess how much you need to pay for a Home Care Package.

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This is a fee that is assessed and set by the Commonwealth Government. We will send you an invoice each month, which shows you the amount of the income tested fee that you’ll need to pay.

Income Tested Care Fee. The Commonwealth Government assesses the amount that an eligible care recipient can contribute to their care and reduces the Home Care Subsidy by that amount.