Current home care means testing and advice considerations | Accurium

Current home care means testing and advice considerations

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Australia’s aged care system has experienced several changes over the past few years. Through these changes, the Government is seeking a system that is fair, sustainable and affordable as well as providing flexibility and choice to allow older Australians to access the support they need.

In the February 2018 article titled ‘The current advice landscape for aged care’ we explored the current environment of the three main subsidised aged care programs in Australia – Commonwealth Home Support Program (CHSP), home care packages, and permanent residential aged care.

Expanding on that article, this month we examine the current home care package means test and discuss some of the practicalities and advice considerations when assisting retirees access aged care support in their home.


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is not liable for any loss arising from reliance on this information, including reliance on information that is no longer current.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.