From 31 October 2026, new aged care rules give residents more flexibility when paying for their accommodation.
Residents can now choose how to pay. They can pay a Refundable Accommodation Deposit (RAD), a Daily Accommodation Payment (DAP), or a combination of both. They can do this while waiting for their aged care means-tested amount.
The new rules also protect residents. Providers must follow payment limits and refund any overpayments.
What do these changes mean for residents and their families?
Our latest article explains the new rules, payment options and refund protections.
Read the full article here:
https://formanaccountingservices.com.au/age-pension-assist/aged-care-rad-refund-rules/
At Forman Financial Services, we specialise in aged care financial advice. We help families understand the financial impact of moving into residential aged care.
If you or a family member are considering aged care, contact us to discuss your options.
Contact us here
Disclaimer and Warning
The information above is of a general nature only. It should not be used as a source to make financial decisions. It’s also important to note that the legislation and figures related to this topic tend to change regularly and therefore the information above may not reflect the current status. We recommend that if you are looking for advice on this matter, you should contact us.