What Is a RAC in Aged Care?
In aged care, the ‘RAC’ is a Refundable Accommodation Contribution. This is a lump sum payment towards your Residential Aged Care Accommodation Payment in which you cover part of the cost and the government contributes the rest. It’s different
from a Refundable Accommodation Deposit (RAD), which is also a lump sum payment towards your Accommodation Payment, but you make the contribution rather
than the government.