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Coates

ST ARNAUD  VIC

Respect Group Limited


Location of Coates




Coates

1 James STREET ST ARNAUD VIC 3478

Beds: 27

Category: Charitable

Provider: Respect Group Limited

Accreditation Report






Coates

Are you considering a residential care placement at Coates?

Do you have a loved one who needs respite or permanent placement at Coates or another aged care facility in the ST ARNAUD area ?

Preferably with an accommodation payment (RAD / DAP), and any additional service fees, within your budget?

Reduce the stress

We have been placing residents into residential aged care since 2002, and have detailed knowledge and experience to help you with this important decision about Coates.

Don't be too hasty and make easy mistakes. Access our knowledge and experience prior to making a decision which will have a major impact on your elderly loved one.

Application, admission and negotiating the fees at Coates

  • Assisting with the application, admission process, and fee negotiations at Coates.

  • Offering impartial advice on Coates and other aged care homes in the ST ARNAUD area.

  • Negotiating RADs (Refundable Accommodation Deposits) and additional service fees to secure the best financial outcome.

  • Providing a detailed comparison of aged care homes near ST ARNAUD, using our proven checklist to evaluate strengths and weaknesses.

  • Matching homes to meet your family’s needs, preferences, and timing.

  • Arranging tours of Coates and offering ongoing support throughout the process.

  • Completing necessary Commonwealth forms, such as the SA457 or SA485 Asset and Income Assessment forms.

  • Accurately preparing and submitting all application and admission paperwork for Coates.

  • Keeping you informed of vacancies at Coates through our strong relationships with admissions coordinators, ensuring prompt responses.

  • Offering advocacy and support throughout the settling-in period and beyond.



Nursing Homes Care Fees -

From 20 September 2024, the following aged care fees have become effective:

The Basic Daily Care Fee increased to $63.57 pd (from $61.96 pd).

The Fully-Supported Asset Threshold increased to $61,500 (from $59,500).

The Non-Supported Asset Threshold increased to $206,039 (from $201,231).

The maximum Daily Accommodation Contribution (DAC) for refurbished / non-refurbished rooms is $69.49 pd / $45.31 pd respectively.

The effective Refundable Accommodation Contribution (RAC) for a refurbished facility, above the 40% fully supported ratio, will be $303,395 which will put pressure on persons looking for a fully supported placement, given that the average RAD is now higher than this amount.

The Maximum Permissible Interest Rate (MPIR) has changed to 8.38%pa from 1 October 2024.

The Basic Daily Care Fee and some aged care thresholds are indexed to the Age Pension. On the 20 September 2024, the single age pension increased to $1,144.40 fn. This is based upon increases in the cost of living reflected in the Pensioner & Beneficiary Living Cost Index (PBLCI).

Learn about RAD, DAP & MPIR ...


RAD to DAP Conversion


First select the RAD Amount that has been agreed to:

      Agreed RAD: $

Use the slider to see how your daily accommodation payment (DAP) will change depending on the lump sum component of the RAD paid. The daily payment is based on the current maximum permissible interest rate (MPIR) of 8.38%.

%

  Lump Sum Paid: $

DAP :$20.20 pd

Interest rate (MPIR) is: 8.38%pa
(from 1/10/2024)