Aged Care Connect
Aged Care Placement Service
THORNLANDS QLD
Finncare Incorporated
Finncare Aged Care
343 Cleveland Redland Bay ROAD THORNLANDS QLD 4164
Beds: 61
Community Based
Service Provider: Finncare Incorporated
From 20 September 2024, the following aged care fees will become effective:
The Basic Daily Care Fee increases to $63.57 pd (from $61.96 pd).
The Fully-Supported Asset Threshold increases to $61,500 (from $59,500).
The Non-Supported Asset Threshold increases to $206,039 (from $201,231).
The maximum Daily Accommodation Contribution (DAC) for refurbished / non-refurbished rooms will be $69.49 pd / $45.31 pd respectively.
The effective Refundable Accommodation Contribution (RAC) for a refurbished facility, above the 40 % fully supported ratio, will be $303,395 which will put pressure on persons looking for a fully supported placement, given that the average RAD is now higher than this amount.
The Maximum Permissible Interest Rate (MPIR) has been finalised for 1 October 2024, and the MPIR is 8.38% pa.
The Basic Daily Care Fee and some aged care thresholds are indexed to the Age Pension. On the 20 September 2024, the single age pension increased from $1,116.30 fn to $1,144.40 fn. This is based upon recent increases in the cost of living reflected in the Pensioner & Beneficiary Living Cost Index (PBLCI).
Learn about RAD, DAP & MPIR ...
Do you need to find respite or permanent placement at Finncare Aged Care or another aged care home in the THORNLANDS area?
We have helped many families through this difficult time and have detailed knowledge and experience to help you with this important decision about Finncare Aged Care.
Don't be too hasty and make easy mistakes. Access our knowledge and experience prior to making a decision which will have a major impact on your elderly loved one.
First select the RAD Amount that has been agreed to:
Agreed RAD: $
Use the slider to see how your daily accommodation payment (DAP) will change depending on the lump sum component of the RAD paid. The daily payment is based on the current maximum permissible interest rate (MPIR) of 8.38%.
% |
Lump Sum Paid: $
DAP :$20.20 pd
Interest rate (MPIR) is: 8.38%pa
(from 1/10/2024)
Do you need to arrange an immediate placement?
Arrange Placement Now