So you’re thinking of going into a nursing home? Here’s what you’ll have to pay for

The system is a complex mix of daily and refundable fees, base payments and means tested contributions. Rawpixel.com/ShutterstockThis week at the aged care royal commission hearings, the CEOs of three aged care providers called for a change in the way residential aged care is funded to improve the quality of care. This followed a plea from Aged Care Services Australia for the government and opposition to address what it called a “crisis in residential aged care funding”. But while most residential aged care funding comes from government, residents also have to contribute. So how does this complicated payment system work? Read more: Nearly 2 out of 3 nursing homes are understaffed. These 10 charts explain why aged care is in crisis Who is eligible for subsidised care? In

From http://theconversation.com/so-youre-thinking-of-going-into-a-nursing-home-heres-what-youll-have-to-pay-for-114295

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