Cooinda Hostel

COONABARABRAN  NSW

Cooinda Coonabarabran Ltd

Nursing Homes Directory

Cooinda Hostel - 100 Cassilis STREET COONABARABRAN NSW 2357


Location




100 Cassilis STREET COONABARABRAN NSW 2357

Beds: 78

Category: Community Based

Provider: Cooinda Coonabarabran Ltd

Accreditation Report






Are you considering placing your elderly relative at Cooinda Hostel?

Do you need to find respite or permanent placement at Cooinda Hostel or another aged care home in the COONABARABRAN area?

Reduce Your Stress

We have helped many families through this difficult time and have detailed knowledge and experience to help you with this important decision about Cooinda Hostel.

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 Forms and Negotiating Accommodation Fees at Cooinda Hostel

  • Providing independent advice about Cooinda Hostel and other care homes nearby to COONABARABRAN.
  • Negotiating RAD's and additional service fees to achieve the best financial arrangement.
  • Explaining strengths and weaknesses of care homes near COONABARABRAN - using our proven checklist to guide your decisions.
  • Matching appropriate homes to your family requirements, preferences and timetable.
  • Arranging facility tours to Cooinda Hostel and providing support.
  • Completing the Centrelink forms (SA457 or SA485) Asset and Income Assessment forms.
  • Accurately completing and lodging the application and admission paperwork for Cooinda Hostel.
  • Prompt notification and response to current vacancies at Cooinda Hostel through our established and trusted relationship with admission coordinators.
  • Advocacy and support during settling-in period after the placement has been completed.

Benefits of using our aged care placement service include:

  • Guidance and support - We provide expert guidance and support to help older adults and their families navigate the complex and often overwhelming process of finding and selecting appropriate long-term care options.
  • Access to information - Access to a wide range of information on available care options, including services, amenities, and costs.
  • Advocacy - We can act as an advocate for older adults and their families, ensuring that their human rights and preferences are respected.
  • Coordination - Coordinating the transition to a new care setting, including arranging for necessary medical evaluations, transferring personal belongings, and helping with other logistics.
  • Time-saving - We can save you time and effort in finding and selecting the appropriate care options.
  • Cost-effective - We are able to negotiate with facilities to reduce your onging fees.
  • Tailored solutions - We provide tailored solutions matched to your unique needs and preferences.


Daily Care Fee & RAD Interest Rate Updates

From 1 April 2025, the Maximum Permissible Interest Rate (MPIR) is 8.17%

Since the RAD price approval threshold increased to $750,000 in January 2025, Refundable Accommodation Deposits (RADs) have risen significantly across most aged care homes. For residents, any reduction in the MPIR is a positive change, as it lowers the cost of paying via Daily Accommodation Payments (DAPs).

Key Changes from 20 March 2025:

  • Basic Daily Care Fee: $63.82 per day
  • "Fully Supported" Asset Threshold: $61,500
  • "Non-Supported" Asset Threshold: $206,663
  • Maximum Accommodation Contribution: Refurbished facilities: $69.79 pd Non-refurbished facilities: $45.51 pd

Impact on Aged Care Placements

Aged care facilities continue to prefer residents who pay a RAD upfront rather than those on concessional arrangements. Since lower-tier RADs have increased, the provider-centric income gap between full-paying and concessional residents has widened.

For facilities with more than 40% concessional residents, the effective Refundable Accommodation Contribution (RAC) is now $311,791. However, with the average RAD now sitting well above this amount, it remains challenging for concessional residents to secure placements.

This trend will most likely continue, increasing pressure on those seeking supported placements in aged care homes.

More 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 8.42%.

%

  Lump Sum Paid: $

DAP :$20.20 pd

Interest rate (MPIR) is: 8.17%pa
(from 1/04/2025)