Covid-19 is likely to bring a lot of businesses to their knees, but aged care facilities shouldn’t be among them.
Residential aged care may not be everyone’s first choice – we all say we never want to end up in one – but the reality is it is serving a purpose and more than 1000 people a week are moving into or out of a facility in Australia.
The rapid closure and sale of what are ostensibly people’s homes would...
As a financial journalist Bina Brown wrote about aged care for 15 years before she started her own aged care solutions business Third Age Matters. An Accredited Aged Care Professional and qualified carer, Bina helps people to understand the aged care system and obtain home care packages and residential care to suit their financial and care needs.
You’ve seen the brochures and driven past the building; but the only way to really know whether an aged care facility might be the right one for you is to look inside.
First impressions count for a lot but it is also important to get an understanding of how they operate to know whether it is somewhere you or someone you know could live and be cared for.
For the sake of this article, we will assume that the personal...
Placing a parent in an aged care facility can be a distressing time for families. It is not a pleasant experience financially either.
Since the federal government introduced aged care reforms in July 2014, collectively families have been forced to find an extra $3 billion a year to move an elderly relative into an aged care facility.
In the future they may need to find even more.
The number of people aged 80 and above is expected to increase from...