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Don’t panic – your starting fee may only be temporary
Read more: Don’t panic – your starting fee may only be temporaryCashflow planning is important when moving into aged care, but plans can be thrown into chaos if your first invoice shows much higher fees than expected. This article sheds light on interim fees. The first statement you receive when you move into residential aged care can be a shock, as fees might be far higher than expected – possibly even hundreds of dollars a day higher. This might not be an error but rather be just a matter of understanding how “interim fees” are applied. If you are required to pay a means-tested fee as a contribution towards the cost…
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