UPDATE: NDIA releases Independent Pricing Review Recommendations
The National Disability Insurance Agency (NDIA) have just released the final report of the Independent Pricing Review (IPR) undertaken by McKinsey & Company, along with their response.
The IPR includes 25 recommendations, with some of the key recommendations as follow:
- Adding a third tier to the complexity loading to account for higher level skills or experience of workers and additional training required;
- Allowing providers to charge up to 45 minutes of travel time in rural areas;
- Allowing providers to quote on the delivery of services in isolated regions;
- Changing the cancellation policy to allow providers to recover 90% of their costs if a cancellation is made after 3pm on the day before the service;
- Removing the annual $1000 travel cap for therapy supports and aligning the travel policy with the attendant care travel policy;
- Changing therapy prices to better reflect different therapy types, and introducing a second tier of pricing for therapy assistants;
- Introducing temporary overhead assistance equivalent to a 2% to 3% loading on the price for providers delivering attendant care for the next 12 months.
- Other recommendations relate to price limits, interventions to address specific market challenges, and improvements in market monitoring and engagement.
Queensland Alliance for Mental Health (QAMH) will provide an analysis of the recommendations in relation to mental health service providers.
For the full report by McKinsey & Company, click here
For NDIA’s response and media release, click here