*There have been more price changes released by the NDIA on 5th July. Scroll down to see updated changes
The National Disability Insurance Scheme (NDIS) has released the new Pricing Arrangements and Price Limits for 2024-2025, effective from 1 July 2024. This update includes several important changes that NDIS providers, participants, and stakeholders should be aware of, particularly those involved in Positive Behaviour Support (PBS) and Psychology Services.
Key Updates:
- Increased Hourly Rates: The new pricing guidelines include increases in the hourly rates for specific line items related to behaviour support services. This adjustment aims to reflect the current market conditions and ensure fair compensation for the high-quality support provided by practitioners.
- Implementation Timeline: These changes are effective from 1 July 2024. At Insight PBS, all current participants will stay on the old pricing model until their NDIS plan renews. Any Service Agreements received after 1st July 2024 will be using the new pricing model.
- Administration Adjustments: InsightPBS’s administration team will update the hourly rates in our system on the effective date. Future invoices for new Service Agreements will reflect these changes, ensuring compliance with the new guidelines.This means that any new Service Agreements signed after July 1st 2024 will be following the new price guide. Any current or ongoing Participants with Insight PBS or Bridging Psychology will remain at the current price levels, until their plan rolls over.
Visual of Updated Pricing Regarding PBS & Psychology Services
Please note that not all prices have changed. Only the line items marked in?orange?has been updated with new prices in?green.
JULY 8th UPDATE The NDIA has released a Pricing Update – Released 8th?of July ?
Improved Relationships:
- On the 28th?of June - changes were made to code 11_22; increasing it from $214.21 to $222.99
- Now 8th?of July – changes have been made to code?11_23; increasing it from $193.99 to $222.99 (NSW, VIC, QLD, QCT) and $244.22 (WA, SA, TAS, NT)
?What This Means for Providers and Participants:
- For Providers:Ensure that all Service Agreements created from 1 July 2024 onwards include the updated pricing. This is crucial for maintaining compliance and ensuring that the services provided are billed correctly.Communicate these changes to your clients and stakeholders.
- For Participants:Be aware that the cost of services might increase due to the updated pricing limits. However, these are maximum limits, and providers may choose to continue charging the current rates until new plans are rolled over.Engage with your service providers to understand how these changes might affect your current and future Service Agreements. This will help in planning and managing your NDIS funding effectively.
A word from Insight PBS MD - Rosie Valencia
"We understand that these changes come as a surprise to some, rest assure that Insight PBS continues to have an unwavering commitment to high quality of services.?We are determined to navigate these challenges while safeguarding the integrity and efficiency of our support."
Steps to Adapt to the New Pricing:
- Review and Update Service Agreements:Providers should review all current and future Service Agreements to ensure they align with the new pricing arrangements. This includes updating the hourly rates for relevant services.
- Communicate with Clients:Clear communication with clients is essential to manage expectations and ensure a smooth transition to the new pricing structure. Providers should explain the reasons for the changes and how they will be implemented.
By staying informed and proactive, both providers and participants can effectively navigate these changes, ensuring continued high-quality support and compliance with NDIS regulations.
For a detailed breakdown of the new pricing arrangements, please refer to the full NDIS Pricing Arrangements and Price Limits document for 2024-2025 here.
