NDIS Price Guide 2021
Understanding the NDIS Price Guide
Put simply, the NDIS Price Guide is an annual guide to the types of disability support services that are funded by NDIS budgets, including the cap (or maximum price) a service can cost.
Despite it’s name, the price guide does not contain prices. Instead, it outlines policy information and guidance for NDIS stakeholders. There is just one price guide published annually, and it is applicable to all states and territories.
According to the NDIS website, the Price Guide helps participants and providers “to understand the way that price controls for supports and services work in the NDIS.”
The Price Guide can be an overwhelming document to navigate. There are hundreds of types of support, with codes and numbers scattered everywhere. Despite its sometimes confusing nature, the NDIS Price Guide is a very important document that allows you to gain the most choice and control from your plan as possible.
How does pricing work?
This question is exactly why the Price Guide exists! If you are wondering why some services and supports cost more than others, the NDIS Price Guide is an important document to stay on top of.
In short, price caps or limits are set by the NDIA to ensure that participants are receiving value for the money from their NDIS plans. The prices are based on a number of factors including market trends, positions and NDIS performance data.
Changes to prices are generally updated annually through an Annual Price Review. The annual NDIS Price Guide is published and effective from July 1 every year.
If you self-manage your NDIS plan, it is important to stay abreast of any changes to the price guide document – and amendments are often made. However if you utilise a plan manager (like MyIntegra), they will make sure you are getting the most value out of your plan without you having to nit-pick through the guide.
NDIS Budgets and Funding Categories
The three support budget types in a NDIS plan
Supports and services fall into three types of budgets within your NDIS plan. These are:
- Core Supports budget
- Capacity Building Supports budget
- Capital Supports budget
There are 15 broad support categories which the NDIS can give you funding for to pay a range of services and products. Each fit into one of the budget areas listed above.
We’ll explore which supports are ‘stated supports’, where the funds are allocated for a specific item, and the various flexible options you have for using your funds to pay for your disability services.
Price Guide Updates
Information for Providers The NDIS has just released their latest price guide for the 2020-21 financial year, including new price limits for supports which will come into
What's the difference between the Price Guide and Support Catalogue?
The NDIS Price Guide and Support Catalogue are released at the same time.
If you think of the Price Guide as which supports and services are available, the Support Catalogue acts as a cold, hard price list.
Learn more about the Support Catalogue here.