Funding home care strategies and considerations | Accurium

Funding home care strategies and considerations

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The Federal Government’s Home Care Packages Program provides subsidised home care services for older people who want to remain in their home. Most people who require care prefer to stay in their home, however, this can be very difficult when their care needs are high and government funding is insufficient to provide the home care services needed.

This article explains how home care packages are provided, how they are funded, and we look at strategies that can maximise cash flow and allow a person with high care needs to remain in their own home as long as possible.


Disclaimer

This information is provided by Accurium Pty Limited ABN 13 009 492 219 (Accurium). It is factual information only and is not intended to be financial product advice, legal advice or tax advice, and should not be relied upon as such. The information is general in nature and may omit detail that could be significant to your particular circumstances. The information is provided in good faith and derived from sources believed to be accurate and current at the date of publication. While all care has been taken to ensure the information is correct at the time of publishing, superannuation and tax legislation can change from time to time and Accurium is not liable for any loss arising from reliance on this information, including reliance on information that is no longer current. We recommend that you seek appropriate professional advice before making any financial decisions.