FUNDING EXPLAINED
Home Care Package (HCP)
What is a Home Care Package?
- Administered by My Aged Care for individuals 65+ to live at home as long as possible.
- Provides a coordinated package of care and services.
- Requires a basic daily fee (~$10) and possibly an income-tested care fee (~$30).
National Disability Insurance Scheme (NDIS)
What is the NDIS?
- For Australians with permanent and significant disabilities.
- Funds reasonable and necessary supports and services to help achieve personal goals.
- Administered by the Australian Government.
Residential Aged Care (RAC)
What is RAC?
- Government Subsidies: Subsidies and supplements cover care and accommodation costs.
- Means Assessment: Conducted by Services Australia to determine fees based on income and assets.
- Resident Fees: Includes Basic Daily Fee, Means-Tested Care Fee, Accommodation Payment, and Additional Services Fee.
Other Australian Government Funding Initiatives?
Short Term Restorative Care (STRC): Up to 8 weeks of care to improve well-being and independence.
Commonwealth Home Support Program (CHSP): Entry-level support to help older people live independently. Includes respite services.
Chronic Disease Management (CDM): Financial support through Medicare for chronic or terminal conditions.
Private Funding: Services funded by the participant’s own source if government funding is not approved or exceeded.
Private Health Insurance (PHI)
Services claimable through Private Health Insurance (PHI). Participants must submit claims to their PHI.
Typically, the above funding schemes are managed by a third-party providers who collaborate with the person requiring care.
These providers will then refer clients to Empower Healthcare for Allied Health services to promote independence and well-being.
Please get in touch if you would like to talk to someone further about Allied Health or funding needs.