Friends have recommended this site as having good information for all things aged care, so I am hoping you may be able to assist clarify the following.
My grandmother entered an aged care nursing home just over 1 year ago (approx Feb 2019). Prior to this she lived in her own home and she received the full aged pension. Her home has not been sold and it is not rented out.
To enter the nursing home she paid the refundable deposit and now she is paying the 85% of her pension plus a small additional daily amount.
Recently through discussion with friends I heard that after 2 years in a nursing home, the status of my grandmothers house may be considered differently for eligibility for the aged pension, as it may then be considered an asset and reduce her pension.
Could you please assist me in clarifying - does the status of her home change after being in a nursing home for the purposes of receiving the aged pension and does this then also impact the ongoing amount that she is paying to the nursing home?
Thank you greatly for any information you have on this.