AN-ACC Shadow Assessments are out & accessible on My Aged Care: What to do now?

What does the Starting Price include?

LASA has confirmed the Department’s response:

This price represents the cost of a standard day of care and incorporates the following funding elements that will be distributed through the AN-ACC funding model:

• Current ACFI basic subsidy funding, including indexation on 1 July 2022.
• Homeless supplement and viability supplement, including indexation on 1 July 2022.
• The $3.2 billion $10 per resident per day 2021 Basic Daily Fee supplement.
• The $3.9 billion care minutes funding uplift, from 1 October 2022.

How does the Starting Price impact AN-ACC Funding?

We have more information on the Starting Price and the NWAU (plus a great deal more information) in our AN-ACC FAQs article.

Stop Loss Measures

It was previously confirmed in a Department of Health Webinar on the Aged Care Reforms that the proposed Stop-Loss Measures that were recommended in the Resource Utilisation Classification study have not been approved. This decision was explained by Dr Nick Hartland (First Assistant Secretary for the In Home Aged Care Division) that as AN-ACC would be introduced at the same time at the $3.9B increase in care minutes, along with a Transition Fund, that a Stop-Loss mechanism would no longer be necessary.

However, as confirmed by LASA and the email communication sent to the sector on Budget night, but not included as a Budget measure, stated that it will ensure no facility will receive less funding in the first 2 years of AN-ACC compared to their current funding. We will seek confirmation of this.

How we can help!

PA has tonnes of free resources to help you feel prepared for all of this change, including: