Is aged care getting an unfair media rap?

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By Sophie Doyle
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15 October 2020, 4:35 PM

The fear of COVID-19 spread has made many people afraid to move into residential care. But is it a real problem, or just a bad media rap?

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A recent Government report shows that despite the deaths from COVID-19, in the first seven months of this year, around 1,000 fewer aged care residents passed away than in the same period last year. This is likely due to lower rates of influenza and infection control protocols.

The report also shows that out of the 2,706 residential aged care services in Australia, only 213 had experienced any COVID-19 infections (at 11 September), with 98 of these having only one case. And most have been in Victoria. Overall, the proportion of all aged care residents in Australia who passed away with COVID-19 was 0.32% (this compared to 5.3% in the UK).

One of the hardest aspects this year has been the need to isolate and that has restricted family visits. Technology may help to stay in touch, but it doesn’t always replace a hug.

Whatever your fears, the most important thing is to keep safe and to ensure our loved ones access the best care, in a suitable environment. There are no guarantees in life, but informed decision-making can help remove some stress. Look at all your options, including residential care.

If you or a family member needs care now, or in the near future, contact Sophie on sophie.doyle@morgans.com.au or give us a call on 02 4325 0884 to discuss your options, the processes and the financial implications.

Photo by Ross Sneddon on unsplash.com

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Sophie Doyle is a Financial Aged Care Specialist at Morgans Gosford and is passionate about helping families answer questions like " do we have to sell the family home, what are the fees, how do we complete all the paperwork? " Sophie works through all these questions, plus many more. She creates financial strategies tailored to meet your loved ones goals and objectives, including covering their ongoing care needs. Sophie provides families with options and peace of mind.

If you would like to discuss getting financial aged care advice for yourself, or a loved one, please contact Sophie on Sophie.doyle@morgans.com.au or via (02) 4325 0884

General Advice warning: This article is made without consideration of any specific client’s investment objectives, financial situation or needs. It is recommended that any persons who wish to act upon this report consult with their investment adviser before doing so. Morgans does not accept any liability for the results of any actions taken or not taken on the basis of information in this report, or for any negligent misstatements, errors or omissions. Current as at 1 August 2020.

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