Step 5

Package Provider Cost Components

What level your Home Care Package is, determines how much funding is available. Knowing how this funding is spent is really important. Here we cover administration costs, management costs, service costs and more.

In this section you will learn:

STEP 5.1

What are the different Package Provider cost components?

There are 4 different components that make up your Home Care Package – no matter what level it is.

STEP 5.2

What is the Administration Fee

Package Providers are allowed to charge administrative fees to cover overheads and other costs.

STEP 5.3

Are there case management and advisory services?

Case management fees cover the cost of developing an individualised care plan.

STEP 5.4

What are the average costs?

Sometimes it can really help to see the general breakdown of others to know and understand the value for money you’re...

STEP 5.5

What are service and support provisions?

There are costs associated with delivering the services in your care plan. These will be related to the actual hours of...

STEP 5.6

Why is it good to have a contingency?

This is an optional amount that can be set aside in your home care budget to cater for difficult times.

STEP 5.7

Why do I need to pay an exit fee?

If you decide to change providers for any reason then your unspent funds will move with you.

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A special thanks to our contributors

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Jill Donaldson

Physiotherapist

Jill has been practicing as a clinical physiotherapist for 30 years. For the last 13 years she has worked solely in the Aged Care sector in more than 50 metropolitan and regional facilities. Jill has also toured care facilities in the US and Africa and is a passionate advocate for both the residents in aged care and the staff who care for them. She researches and writes for DCM Media.

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Chris Baynes

DCM Media, agedcare101

Chris has been a journalist and publisher in the retirement village and aged care sectors for 11 years. He has visited over 250 retirement villages and 50 aged care facilities both within Australia and internationally. Chris is a regular speaker at industry conferences plus is a frequent radio commentator.

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Annie Donaldson

Nurse and Carer

Annie has a long career in both nursing and the media. She has planned and co-ordinated the medical support from both international TV productions and major stadium events. In recent years she has been a primary family carer plus involved in structured carer support.