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Care accommodation premium

 

Private rooms at Ryman villages are superior to the government (DHB) service specification. Due to this, we charge an accommodation premium. Our care rooms are of a premium standard, they’re spacious and include an ensuite bathroom.*

Both your room and ensuite are equipped with monitored call bells for your peace of mind. It’s your own personal space to furnish with your favourite pieces. You’ll also enjoy views that overlook beautifully landscaped gardens or courtyards.

The price of your private room depends on the type of room you select. This will be clearly outlined in your admission agreement.

If you have any questions about accommodation premiums or payment options, your local village manager will be happy to answer them for you.

*Some room layouts may vary between villages. Please check with your local village.

 

You have a choice on how to pay for your care accommodation premium

 

Option 1: Pay by refundable accommodation deposit

You make a single upfront payment when you enter the care suite. Our normal daily accommodation premium charge won’t apply.

You get your upfront payment back when you vacate the room.

 


 

Option 2: Pay a combination

You pay 50% of the refundable accommodation deposit up front and pay 50% of the daily accommodation premium for the length of your stay.

 


 

Option 3: Pay the normal daily accommodation premium

You pay a daily accommodation premium charge for the length of your stay.

You’ll pay lower overall fees with a refundable accommodation deposit. Here’s why.


 

You won’t pay a daily accommodation premium if you pay the full refundable accommodation deposit.

All of our rooms are superior to the government (DHB) service specification. Due to this we normally charge a daily accommodation premium. However, you do not pay a premium if you pay the full refundable accommodation deposit.

If you pay by the combination option, you will only pay 50% of the usual daily accommodation premium.

Upon you leaving your care suite your refundable accommodation deposit will be repaid in full within 30 working days after you leave your suite.

Ryman Healthcare - RAD (Full)

How are the payment options structured?


 

These examples are for illustration purposes only.

The examples displayed assume a weekly accommodation premium of $350 which equates to a full refundable accommodation deposit of $350,000. The refundable accommodation deposit will vary dependent on the care suite that you choose.

Option 1

Pay by refundable accommodation deposit


Refundable accommodation deposit $350,000


Weekly accommodation premium $0


Cost when you pay by refundable accommodation deposit after one year:
Accommodation premium ($0 x 52 weeks) $0


When you leave the care suite, your refundable accommodation deposit is repaid in full within 30 working days.

Yearly saving compared to paying a daily accommodation premium: $18,200

Option 2

Pay by a combination


Refundable accommodation deposit $175,000


Weekly accommodation premium $175


Cost when you pay by combination after one year:
Accommodation premium
($175 x 52 weeks) $9,100


When you leave the care suite, your refundable accommodation deposit is repaid in full within 30 working days.

Yearly saving compared to paying a daily accommodation premium: $9,100

Option 3

Pay by a daily accommodation premium


Refundable accommodation deposit $0


Weekly accommodation premium $350


Cost when you pay by accommodation premium after one year:
Accommodation premium ($350 x 52 weeks) $18,200

How does the process work?



Step 1

Now that you have chosen your care room you have a choice on how to pay – refundable accommodation deposit, combination or daily accommodation premium.

Step 2

Review the details on this information sheet and decide how you would like to pay.

If you choose to pay by refundable accommodation deposit or combination, fill in the application form and either send it to the address on the form or hand it to the village manager.

Step 3

We will then contact your solicitor and provide a disclosure statement and occupation agreement (and other required documents).

Step 4

Meet with your solicitor to sign the documents as you must have independent legal advice if you are paying by refundable accommodation deposit or combination.

If you elect to pay by daily accommodation premium, no disclosure statement or occupation agreement is required.

Step 5

You will be charged the daily accommodation premium until we receive the refundable accommodation deposit.