Step 1 What is Home Care Step 2 Home Care Packages Step 3 Aged Care Assessment Team Step 4 Home Care Package Fee Structure Step 5 Package Provider Cost Components Step 6 Search Package Provider Step 7 Search Service Provider Step 8 Understanding Package and Service Providers Step 9 Care Management Plan Step 10 Home Care Agreement
Step 1What is Home Care Step 2Home Care Packages Step 3Aged Care Assessment Team Step 4Home Care Package Fee Structure Step 5Package Provider Cost Components Step 6Search Package Provider Step 7Search Service Provider Step 8Understanding Package and Service Providers Step 9Care Management Plan Step 10Home Care Agreement

Step 5.6

Why is it good to have a contingency?

Contingency

This is an optional amount that can be set aside in your home care budget to cater for difficult times.  Think of it as rainy-day money.

This contingency money may end up not being spent.  It is important to factor this in when you move from one provider to another. The unspent funds will move with you to the new provider.

Jill Donaldson

agedcare101 Physiotherapist

If/ when you no longer have a need for home care (eg entering residential care or dying) then your part of the unspent funds (less any exit fees) must be returned to the government.

Have a question? Open our discussion forum

Go to next step

Step 5

Package Provider Cost Components

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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.

Read Profile
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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.

Read Profile
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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.

Read Profile
Icons
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.

Read Profile
Icons
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.

Read Profile
Icons
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.

Read Profile