Self-managed and provider-managed Home Care Packages

Self-managing your Home Care Package may seem like a good idea but it’s not for everyone.
We regularly speak to people who self-manage their package and compare it to having a Self-Managed-Super-Fund; it can be a bit of a nightmare and more time and trouble than it’s worth!
Managing your Home Care Package yourself will leave you with more funds for care and support. However, CareAbout has found that the additional savings are quite minimal and may not be worth the time, stress and effort it takes to manage it all on your own.
The average fee rate for a provider-managed package is around 30% but CareAbout can connect you with a quality provider who offers managed Home Care Packages for a fee very similar to a lot of the self-managed fees.
Most providers who offer a self-management option will still charge between 15-20% of your package in fees.
If you have a lot of time and you’re good with managing people, self-managing your Home Care Package might be the best option for you. However, you do have a lot of control when your Home Care Package is managed by a provider as most will take your interests into account and select a suitable carer based on your preferences and your schedule.
Read more about self-management of Home Care Packages: www.careabout....
Take the quiz to see whether self-management is right for you: app.involve.me...
If you’re still unsure whether self-management or provider-management is the right option for you, give CareAbout a call on 1300 576 386 and speak to a Home Care Package expert.