Clarity for Your Future
Simplifying Aged Care Payments
Always seek independent financial advice. Navigating the costs of aged care can feel overwhelming, whether you are planning for your own future or supporting a family member. At Lutheran Aged Care Albury, we are here to provide a clear roadmap, helping you understand expected costs, available government subsidies, and the simple steps to begin
Overview
Navigating Your Options
The cost of home-based support at Lutheran Aged Care Albury is determined by your specific care tier and personal income, typically funded through a blend of government contributions and individual co-payments. For those choosing our retirement living options, costs generally include an initial entry payment for residency rights, recurring village service charges, and a deferred management (exit) fee upon departure.
Comparing Fee Structures
In-Home Care
This service covers specific assistance in your own residence, such as nursing, cleaning, or transport, alongside essential management fees. Most costs are subsidised by the government via My Aged Care, though you may be asked to contribute a basic daily fee or an income-tested supplement. Alternatively, you can choose Private Pay to bypass government assessments and pay an hourly rate directly to Lutheran Aged Care Albury for immediate support.
Residential Aged Care
Costs here include your accommodation, basic daily fees for essentials like dining and laundry, and clinical care fees. Funding is structured through a combination of government subsidies (following an ACAT assessment) and individual contributions based on your financial assets. This option includes 24/7 clinical support; you can use our [RAD Calculator] to estimate your specific costs.
Retirement Living
Retirement living focuses on an independent lifestyle and is wholly self-funded. Primary costs include an ongoing deposit (which varies by villa size and location), weekly service levies for village upkeep, and your personal utilities. For full financial transparency regarding these costs, please refer to our [Form 3] document.
Glossary of Terms: Aged Care & Retirement Villages
Aged care terminology can be confusing. Here is a quick guide to the most frequent financial terms you will encounter when joining Lutheran Aged Care Albury:
RAD (Refundable Accommodation Deposit)
A lump-sum bond for a room in our residential facility.
DAP (Daily Accommodation Payment)
A periodic, interest-based payment used as an alternative to the lump-sum RAD.
Basic Daily Fee
A standard charge covering essential everyday needs like meals and laundry.
Means-Tested Fees
A variable contribution toward care costs, determined by a government assessment of your assets.
Entry Contribution
The upfront payment made to secure your villa within our retirement community.
Monthly Service Levies
Recurring fees that cover village maintenance, staff, and onsite lifestyle amenities.
We’re Here to Help You With Your Care Enquiries
The Lutheran Aged Care Albury Experience
A place where you truly belong at Lutheran Aged Care Albury, we offer far more than clinical excellence; we offer a community. Our villages are defined by vibrant social calendars, shared laughter, and beautiful landscapes. From lively group activities to quiet moments in the garden, there is a place for you here.
Support Tailored to Your Life
From light assistance in your own home to compassionate, full-time residential care, Lutheran Aged Care Albury meets you exactly where you are. Every service we provide is rooted in warmth, dignity, and a deep respect for your independence.