The National Disability Insurance Scheme (NDIS) Price Guide is essential for understanding how price controls work for supports and services. The NDIS Pricing Arrangements and Price Limits document outlines the maximum prices providers can charge NDIS participants. In this article, we’ll break down the latest updates and changes to the NDIS Price Guide for 2024-2025.
What is the NDIS Price Guide?
The NDIS Price Guide provides a breakdown of services and their respective costs. The National Disability Insurance Agency (NDIA) releases an updated Price Guide annually, typically on July 1. This guide helps NDIS participants and support workers understand pricing arrangements.
2024 NDIS Pricing Updates
The NDIA introduced several changes to the NDIS Pricing Arrangements and Price Limits on July 1, 2024. Key updates include:
- Minimum wage and superannuation increases: A 3.75% wage increase was applied to award minimum wages, impacting price limits for supports delivered by disability support workers.
- Increases to certain NDIS price limits: Price caps for health professionals, psychologists, and some other supports have been adjusted to reflect increases in minimum award wages and the cost of living.
- Maintaining existing price limits: Supports not based on the Disability Support Worker (DSW) Cost Model remain unchanged.
- Indexed NDIS plans: Plans will be adjusted to reflect price cap changes, with funding indexed from July 13, 2024.
Short Notice Cancellations Policy Update
The Short Notice Cancellation policy has been revised to differentiate between cancellations for DSW Cost Model-based services and non-DSW Cost Model-based services. The cancellation period for non-DSW services will be adjusted from seven to two business days.
End of Temporary Transformation Payment (TTP)
The Temporary Transformation Payment (TTP) for disability support worker-related supports ended on June 30, 2024. Providers cannot claim TTP loading for services delivered on or after July 1, 2024.
Removal of COVID Loading
The COVID loading, introduced in July 2022, has been removed as planned.
Specialist Disability Accommodation (SDA) Pricing Updates
Updated pricing arrangements for SDA were published on April 16, 2024, increasing the maximum reasonable rent contribution and maximum board amount.
Upcoming Changes to NDIS Pricing in 2025
The NDIA plans to appoint an independent expert to review the current NDIS pricing strategy and deliver a new pricing approach in 2025. The goal is to ensure the market accommodates participants’ needs and guarantees the Scheme’s long-term sustainability.
Why are NDIS Pricing Arrangements and Price Limits Important?
The NDIS Pricing Arrangements and Price Limits ensure providers comply with pricing regulations, providing essential supports and services to people with disabilities.
The NDIS Price Guide 2024-2025 outlines essential updates and changes to pricing arrangements. Understanding these changes is crucial for NDIS participants, support workers, and providers. Stay informed by visiting the NDIS website for the latest information.