The government announced in October 2022 that residential aged care facilities would be moving to a new funding model. This new model is called Australian National Aged Care Classification, or AN-ACC. It is designed to align funding with the costs of delivering care. The care component is based on your AN-ACC classification.
Aged Care and its funding is a complex topic and we strongly recommend that you make contact with an expert in this field if you are a carer or have someone currently in, or going into Aged Care in the near future.
Rodney Horin at Joseph Palmer & Sons (VIC), are Aged Care specialists who would be of great value and assistance in this regard. For those of you that have an interest in understanding the complexities of entering residential aged care you may find Rodney’s recent podcast of interest.