Document ID: chunk:federal_register_of_legislation:C2024A00104:section:202
Version: federal_register_of_legislation:C2024A00104
Segment Type: section
Provision Reference: s 202
Character Range: 346244–347943

202  Amount of provider‑based subsidy
  The amount of provider‑based subsidy a registered provider is eligible for under section 201 for the delivery of an ongoing funded aged care service to an individual on a day is worked out as follows:

      Method statement
           Step 1. Work out the following:

                (a) if the subsidy basis for the service is efficient price or unit price—multiply the price charged by the provider to the individual for an hour or unit of the service (whichever is applicable) by the number of hours or units of the service delivered to the individual on the day;
                (b) if the subsidy basis for the service is cost—the cost.

           Step 2. Reduce the amount worked out under Step 1 by the sum of any reduction amounts for the classification type for the service group that apply to the individual. This is the provisional subsidy amount.
           Step 3. For the service delivery branch through which the funded aged care service was delivered to the individual on the day, work out the available balance of the registered provider's service delivery account in relation to the branch in accordance with section 203, taking into account any claims already debited from that account in accordance with that section on that day.
      Result
      The provider‑based subsidy amount for the delivery of the service to the individual on the day is:

                (a) if the provisional subsidy amount is less than the available balance—the provisional subsidy amount; or
                (b) if the provisional subsidy amount exceeds the available balance—the provisional subsidy amount reduced (but not below zero) by the excess.