Paying for in-home care: Your three key options

Absolute Care & Health on 3 October 2018

In-home care allows you to remain in the comfort and familiarity of your own home with regular support and assistance from a professional caregiver. For people who want to maintain a sense of independence and connection to their neighbourhood but need a bit of help with everyday tasks, in-home care can provide the best of both worlds.

At Absolute Care & Health, we provide tailored packages to suit your unique circumstances. In this article we look at three options to help pay for in-home care. From Private Funding to Government Funded Care packages and Home Equity Release, let’s take a closer look at what choices are available to you and your family.

Your options to pay for in-home care

in home aged care meals

To make things simple, we’ve broken down the typical in-home care costs you’ll encounter in the three most common funding options available:

Private funding

As the name implies, private funding refers to you or a family member paying the provider directly for the in-home care services you receive. At Absolute Care & Health, we charge a standard hourly rate for all our services, making it really easy for you to work out how much you’ll need to pay.

It’s also worth noting that in many cases, our clients still receive some government funding in addition to paying privately for their care. This allows you to ‘top up’ your care for a little extra support and assistance around the house as required.

  • Pay for in-home care services directly

  • In-home care services are charged at standard hourly rate

  • Allows you to ‘top up’ your care with some government funding as required

Government funding

Government funded in-home care services are paid directly to your care provider by the Australian government. At Absolute Care & Health, we are registered to provide both Home Care Packages and NDIS services.

  • In-home care services directly funded by the federal government

  • Two government programs cover this service: Home Care Packages and NDIS

  • You can apply for this funding online and your eligibility will be assessed

Home equity release

Home equity release is another option to help release funds that are otherwise "tied up". It is becoming an increasingly popular alternative to taking out a reverse mortgage. Unlike private or government funding, a home equity release allows you to keep your existing property and use its accumulated equity to provide the funds necessary for your in-home care. We recommend Homesafe Wealth Release as an independent, reputable, interest-free product if you decide to choose this option.

  • Pay for in-home care using the equity you’ve built up in your own home

  • Allows you to keep your existing residential property

  • Works by essentially selling a percentage of future sale proceeds from your home to fund your care

How in-home care costs work

in home aged care housework

We charge a standard hourly rate for all our in-home care services—these are calculated according to a few factors, including the times and dates when you require assistance. After hours and public holiday care is charged at a higher hourly rate, although we do offer discounts for overnight and 24-hour care.

Hourly Rates

Weekdays

6am–8pm

$53.50 per hour

Weekdays

8pm–12am

$67.00 per hour

Saturdays

6am–10pm

$74.50 per hour

Sundays

6am–10pm

$84.50 per hour

Public Holidays

6am–10pm

$113.00 per hour

Get in touch about in-home care costs today

If you have any questions about our services or in-home care costs, we're always happy to help. For more information, get in touch with us or call us on 03 9827 8899.