What is the definition of a Partially Supported Resident?
If an individual moving into residential aged care has assets over $46,500 and up to $159,423.20 there will be an accommodation contribution payable. The amount of the accommodation contribution will be determined by the Combined Income and Assets Assessment. A means tested fee may also apply dependent on your total assessable assets and income. Being a partially supported resident is different to having Financial Hardship Assistance.