02/04/2024
Sorry for the long post but worth the read.
https://www.intermediaries.org.au/news/joint-statement-2024-pricing-sustainable-quality-sector/
PROVIDER PEAKS JOINT STATEMENT: PRICING FOR A SUSTAINABLE QUALITY DRIVEN SECTOR
DIA joins disability provider peak bodies to call on the NDIA to urgently increase pricing across the sector.
The 2023-2024 Annual Pricing Review comes at a critical time for National Disability Insurance Scheme (NDIS) participants and providers.
The provider sector is as diverse as the people with disability it supports. As sector peak bodies, our members are large and small, registered and unregistered, delivering services across all of Australia, or in their local communities. They provide essential supports that people with disability rely on every day, to remain healthy and actively participate in their communities.
However, providers of quality and responsive services are at breaking point. Providers are reporting their worst financial year ever. More organisations are running a deficit and far fewer are breaking even. More providers are concerned that they will not be able to provide support at current NDIS prices.
We call on the NDIA and government to take urgent and immediate action to increase pricing across the sector. The 2023-2024 Annual Pricing Review is an opportunity to establish prices that ensure security and continuity of supports for participants, incentivise quality and link to the objectives of the NDIS. Wage increases and CPI along with overhead costs such as workers compensation and general insurance, non-billable training and costs of compliance for registered providers must all be recognised.
Five key actions we are urging the NDIA and Government to take:
1. Pricing must support sector sustainability.
2. Pricing must send a message to providers to stay the course and invest in the future.
3. Pricing must drive quality not just numbers.
4. A new approach to pricing is needed.
5. The sector needs support to respond to the multiple reforms over the next five years.
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Disability Intermediaries Australia joins disability peak bodies in a joint statement: pricing for a sustainable quality driven sector....