On 1 July 2020, some key annual changes to the Residential Care Subsidy came into effect.
If you need long-term residential care in a rest home, you may now qualify for the Residential Care Subsidy. The asset thresholds have increased to:

$236,336 for a single person
$236,336 for a couple where both partners are in long-term residential care
$236,336 for a couple where one person is in long-term residential care, including the value of their house and car
$129,423 for a couple where one partner is in long-term residential care, not including the combined value of their house and car (the house is only exempt when it is the main place where your partner who is not in care, or a dependent child, lives).

The income-from-assets exemptions with:
$1,027 for a single person
$2,054 for a couple who are both in long-term residential care
$3,081 for a couple where one partner is in long-term residential care.
Your assets and income will be assessed by Work and Income. All other eligibility is assessed by the Ministry of Health.
To find out if you are eligible, go to the Work and Income website at www.workandincome.govt.nz

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