We've made several updates across our strategy content to ensure you have the latest information at your fingertips!
Strategy Flyers
Aged Care – Current maximum daily fee for residential care has been increased from $63.82 per day ($23,294.30 pa) to $65.55 per day (23,925.75 pa). For home care, the maximum daily fee has been increased from $13.14 ($4,796.10 pa) to $13.49 ($4,923.85 pa).
Commonwealth Seniors Health Card – income limits increased as per below:
* If you're single – cap increased from $99,025 to $101,105
* Couples – cap increased from $158,440 to $161,768
* Couples (separated) - cap increased from $198,050 to $202,210
Centrelink means testing and deeming – We’ve updated the deeming rates to reflect current thresholds. The lower deeming rate has increased from 0.25% to 0.75%, and the upper deeming rate has increased from 2.25% to 2.75%.
Strategy Text
📌New Strategy Text added:
Retain your existing insurance cover
📌Strategy Text updates:
Commence a Home Care Package – Maximum daily fee rate
changed from $37.70 to $38.72 and annual amount changed from
$13,724.45 to $14,095.20Enter Aged Care Facility and Restructure your Finances – note
added in regards to the current interest rate decreasing from 7.78% to
7.61% from 1st October.
Product Text
📌New Insurance Product Text added:
Encompass Protection