Understanding the intricacies of NDIS funding and navigating the NDIS Price Guide is crucial for both participants and service providers. The Pricing Arrangement and Price Limits document, commonly known as the NDIS price guide, outlines general pricing arrangements and limits for services. This empowers participants to ensure value for money, manage their funding effectively, and adhere to their budgets.
While not legislative in nature, the guide specifies claimable items under the NDIS scheme and sets price limits for each support category. Service providers find it valuable as well, offering insight into the maximum rates they can charge. Negotiating lower rates is also an option, enhancing the efficiency of funding utilization.
Accessing the complete NDIS price guide on the NDIA website provides a comprehensive overview, but with over 2500 items, it can be overwhelming. To simplify this process, we've crafted a concise guide to comprehend the structure of NDIS funding and effectively navigate the price guide.
NDIS Funding Structure: Core, Capacity Building, and Capital Supports
All NDIS supports fall into one of three categories:
1. Core Supports
Your core support budget addresses daily living activities and long-term goals, covering:
- Everyday consumable items
- Assistance with daily self-care activities
- Support for social, recreational activities, and community participation
- Transport
The flexibility of the core support budget allows funding interchangeability within the same category.
2. Capacity Building Supports
Supports under the capacity building budget aim to enhance independence and skills, categorized into:
- Improved life choices
- Improved daily living
- Finding and maintaining employment
- Improved health and wellbeing
- Improved living arrangements
- Improved learning
- Improved relationships
- Increased social and community participation
- Support coordination
This funding is less flexible, with approvals specific to each category.
3. Capital Supports
The capital support budget includes funding for assistive technologies, equipment, home or vehicle modifications, and capital costs. It caters to one-off purchases, such as necessary handrails, with funds allocated solely to the designated item.
Understanding Line Items
Invoices and reimbursement requests require line items for correct processing. Line items consist of a brief service description and a unique code. Given the multitude of line items in the NDIS price guide, effective plan management becomes crucial. Please reach out if you need recommendations for high quality plan managers.
