Whether youโre a participant or provider, the National Disability Insurance Scheme (NDIS) Pricing Arrangements and Price Limits will have an impact on your experience in the NDIS.
Thatโs why itโs important to know what it is, what it does, and how to read it โ and why weโve broken it down into this simple explainer.
Released annually on 1 July, and updated regularly throughout the year, the NDIS Pricing Arrangements and Price Limits (formerly known as the NDIS Price Guide) sets out how price controls for supports and services work in the NDIS.
You can keep track of updates to this highly detailed price regulation document here.
The NDIS Pricing Arrangements and Price Limits includes whatโs known as a support catalogue, which outlines all the supports recognised in the Scheme and funded by the National Disability Insurance Agency (NDIA), and the maximum prices providers can charge for them.
The support catalogue includes helpful things like:
Its important participants know the maximum price NDIS providers can charge, so they can find competitive pricing and make sure theyโre receiving value for money. It's equally important for providers to know, so they can set their fees in accordance with the price limits.
The NDIS Pricing Arrangements and Price Limits serves as a vital reference point when preparing invoices and submitting claims โ and it assists staff at the NDIA to accurately determine if a claim is compliant and which budget category claims should be paid from.
Using the right line item not only speeds up invoice processing, but it also helps ensure compliance with NDIA requirements. The NDIS Pricing Arrangements and Price Limits includes more than 600 line items, and providers must adhere to the line item rules if they want their claims to be successful.
The four NDIS support budgets (which include several support categories) include:
If you open the NDIS Pricing Arrangements and Price Limits, youโll notice it sets out:
To better meets the needs of participants, their families, carers and providers, and to keep the NDIS affordable and in place for future generations, the NDIA uses a mix of data, market research and consultation to develop its Annual Pricing Reviewย and inform changes to the NDIS Pricing Arrangements and Price Limits.
Thatโs why โ whether youโre a participant or a provider โ it's vital to know what the document is, what it does, and how to read it.
If you need help to understand it, and its impact on your supports and funding, you can email us at enquiries@myplanmanager.com.au or call us on 1800 861 272 from 8am-5.30pm, Monday to Friday.