Basic Daily Fee definition
Basic Daily Fee means the standard resident contribution as that term is defined by the Aged Care Act. It is an amount equal to 85% of the basic age pension unless otherwise determined by the Minister. The Basic Daily Fee is adjusted by the Department in line with changes to the basic age pension;
Examples of Basic Daily Fee in a sentence
Basic Daily Fee $56.87 per day plus Means Tested Care Fees (if any) T.B.A plus Compensation Payment Fee (if any) T.B.A minus Hardship Supplement amount (if any) T.B.A plus Remote Area Amount or Unfunded Place Amount T.B.A Total Care Fees Starting daily amount will be: $56.87 per day You may be offered Additional Services in addition to the Specified Care and Services we provide.