Randwick Fee Schedule
Fees and charges levied by residential aged care services, such as Montefiore, are regulated by the Commonwealth Government and can vary depending on a number of factors, such as whether you are a pensioner or non-pensioner and your level of assets.
In general, the cost of residency is a combination of a Daily Care Fee, relating to your ongoing care, and a Refundable Accommodation Deposit (RAD), relating to the type of room you choose.
The total cost of care and accommodation at Randwick ranges from $184.16 per day for a Classic Room up to $293.47 per day for a Suite. This includes all meals, laundry, cleaning, and access to our comprehensive activity program and, of course, all the nursing care you may require.
REFUNDABLE ACCOMMODATION DEPOSITS (RAD)
Residents with sufficient assets are eligible to lodge a Refundable Accommodation Deposit with the Home.
The payment of a Refundable Accommodation Deposit is a secure and attractive method of funding residency at the Home. The Commonwealth Government guarantees the refund of the RAD upon departure.
The payment of a Refundable Accommodation Deposit reduces the amount you need to pay as a Daily Accommodation Payment (DAP).
Each room has an applicable Refundable Accommodation Deposit value; (the full RAD) however, the maximum lump sum amount that the Home prefers upon entry is $300,000. The Full RAD’s are as follows - Classic Room $850,000, Deluxe Room $950,000, Suite $1,550,000.
An example of how daily rates by room type are reduced by the payment of a $300,000 RAD appears below:
||RAD PAYABLE AS A LUMP SUM
||DAILY RATE FOLLOWING PAYMENT OF $300,000 RAD
||DAILY AMOUNT PAYABLE IF NO RAD IS LODGED
Montefiore is committed to providing quality care and accommodation to all the community, including the financially disadvantaged. Our Admissions Review Committee, in conjunction with the Foundation, will consider all applications from a resident or their family who may be eligible for this assistance.
OTHER FEES & CHARGES
- Extra Services or Additional Services - Our Nursing Home and Special Care (dementia) units have been awarded Extra Service Status by the Commonwealth Government. Our Hostel and Monte Terrace (dementia) units are designated as Additional Service Areas in recognition of the higher standard of service and accommodation. The Extra/Additional Service fee is $55.90 per day.
- Means Tested Fee – If you receive income from sources other than the aged pension, and/or own assets, you may be eligible to pay a Means Tested Fee. This is an additional Government fee and could be a maximum of $240.00 per day. To obtain an estimate of this fee, Residents are advised to use the Residential Care Fee Estimator available on the myagedcare website: http://www.myagedcare.gov.au/fee-estimator/residential-care, or seek their own financial advice regarding this fee.
- The Montefiore Oral Health Action Plan Randwick (MOHAP) - An oral health levy of $1 per day is charged as part of the preventative oral care plan. For this, each resident will receive a comprehensive dental examination with one of our Montefiore dentists, and 3 scale and cleans with the dental hygienist per year.
Residents have their own rooms with en-suite and air-conditioning, ensuring privacy and the added security of an autonomous space of their own.
THE CLASSIC ROOM
A generously proportioned single room with en-suite bathroom and built-in cupboards and wardrobe providing ample storage space. It represents the entry level into Hostel accommodation and is the standard room within the nursing home section. The Classic room includes space for a refrigerator (provided on request) and microwave housed within an attractive joinery unit. In Hostel configuration, the room also includes a wet bar and corner display unit. A flat panel LCD television, fully wired for Foxtel and internet access are standard features of Classic Rooms.
THE DELUXE ROOM
An exceptional standard of accommodation. It is more spacious than the Classic room and features a defined sleeping area and plenty of wardrobe space. Most Deluxe rooms have private balconies or access to a courtyard if located on ground level. Like the Classic Room, the Deluxe room offers an LCD television, Foxtel, wet bar and space for a refrigerator and microwave.
Without a doubt, the Suite represents the premium level of accommodation available at Randwick. The Suite offers a completely separate bedroom, lounge and walk-in style kitchenette. The separate bedroom is generously proportioned and has direct access to either a private balcony or courtyard area. The Suite includes two LCD televisions (one for the bedroom and one for the lounge) as well as Foxtel and internet capability.
SERVICES AND FACILITIES (NURSING AND ALLIED HEALTH CARE)
Randwick has nursing and other staff on duty 24 hours a day, seven days a week, 365 days a year. Residents have free access to an extensive list of allied health services aimed at enhancing their well-being and quality of life. In addition to elegantly appointed rooms, the Home offers its Residents numerous lounges and communal areas, providing separate quiet places for the enjoyment of Residents and their visitors. Both within the internal courtyards and surrounding the complex, there are beautifully landscaped gardens. The Home also has a number of glassed-in Wintergardens. The Randwick facility boasts one of the largest Hydrotherapy pools in the southern hemisphere and incorporates a circular spa for massage therapy and relaxation. The surrounding deck area is spacious and extends, via a glass operable wall, onto a large balcony overlooking landscaped gardens.
The above information is intended to be a brief overview only. rates are current at time of printing and subject to change. Please contact our Residential Accommodation Department on 02 8345 9135 to discuss applicable fees and charges in greater detail.