Aged care
IHACPA's expanded role in providing independent aged care pricing advice will aim to ensure that aged care funding is directly informed by the actual costs of delivering care.
Notice:
On 12 September 2024, the Australian Government announced an increase to the maximum accommodation price for RADs effective 1 January 2025.
If you have an application currently under assessment or an existing approval expiring before 1 January 2025, please view the Changes to the higher maximum accommodation payment amount FAQs fact sheet.
For further information, please refer to the Response to the Aged Care Taskforce – Accommodation reform fact sheet.
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Background
IHACPA will provide advice to inform Commonwealth Government decisions on the costing and pricing of aged care services from 1 July 2023.
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Residential aged care
The Commonwealth Government has commenced funding reform of residential aged care, transitioning to IHACPA's system of activity based funding.
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In-home aged care
In-home aged care provides older people with support and services to assist them to live independently at home for longer. IHACPA is required to provide annual pricing advice to the Minister for Health and Aged Care for unit-based services on the Support at Home service list.
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Aged care costing
Cost collections provide a better understanding of the actual costs of delivering aged care services in residential and in-home settings.
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RAD approvals
A refundable accommodation deposit (RAD) is the lump-sum payment for a room (or part of a room) in an aged care home. Each residential aged care provider sets their own price for different kinds of rooms.
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Extra service fee approvals
Some residential aged care rooms have extra service status. This means that they can charge residents a regular extra service fee to provide residents with a bundle of higher standard hotel-type services.
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Frequently asked questions
Find answers to some of the most frequently asked questions about our aged care work.
