Minister for NDIS the Hon Bill Shorten MP has established an Independent Pricing Committee (the Committee) to review the National Disability Insurance Scheme (NDIS) pricing approaches and recommend changes designed to lead to a higher quality and sustainable disability provider market.
"The NDIS is undergoing its most significant reform in its short history, so it's only right that we also take a look at the pricing approach as the Scheme evolves and we continue to make improvements," Minister Shorten said.
"This Independent Committee of experts will ensure the NDIA Board gets the best advice on where and how improvements to NDIS pricing is needed."
The Committee is made up of three experts with strong economic credentials and experience in regulation who will review how NDIS price limits are set and investigate if there are more effective approaches.
The Independent Pricing Committee members are:
- Stephen Anthony (Chair)
- Gemma Henderson
- Dr Ron Ben-David.
The Committee has already commenced work, aiming to make its first recommendations to the NDIA Board by the end of this year, with further recommendations in February 2025. The advice will be used to support the development of the 2024-25 Annual Pricing Review.
People with disability will continue to be included in any reform work and will play a key role in co-designing any changes that may directly impact them.
The Committee will take into account the views of people with disability, providers and unions.
"Pricing is a key piece of the puzzle when it comes to improving the NDIS and making sure it works as well as it can.
"It's a delicate balance to ensure providers delivering quality supports are paid accordingly and, most importantly, ensuring NDIS participants get value for money when using their plans.
"There needs to be a strong incentive and reward for delivering quality supports that produce meaningful outcomes for participants.
"This Committee is an important first step in reviewing the existing pricing approach. I look forward to seeing the recommendations they make and the improvements that result from this crucial work." Minister Shorten said.
