DOCUMENT 2
IR 21/22-036
Aspiration 4: A financially sustainable scheme
A financially sustainable scheme is measured by:
- scheme support costs
- community inclusion and capacity development grant costs
- agency operating costs.
Table 3.3.3F: Aspiration 4—A financially sustainable scheme
| Metric | Target | Baseline | Comment and result |
|---|---|---|---|
| Total Scheme, Operating and Grants Costs within budget PBS (all programs) (Sm) | $17,850 million | Baseline: The Scheme experienced strong growth in Portfolio Scheme costs due to both growing participant numbers and increased spend per participant. This led to a $1,376 million overspend against budget, for which approval was received from the Minister for Finance to use retained earnings to fund the deficit. | Result: $19,266 million as per the NDIA Financial Statements |
| Payment errors/ anomalies (% of NDIA program outlay) | 5% | Baseline: The Agency has a compliance and assurance program aimed at substantiating a statistically selected sample of claims lodged by providers and self-managed plan participants. The results of the review conducted in 2019-20 extrapolated over the total value of provider payments assessed the accuracy rate in total payments made to providers was 93.8 per cent. The estimated potential overall financial impact of the provider error rates is $181.3 million, or 1.2 per cent of total cash payments. | Result: 6.2% |
| Community inclusion and capacity development grant costs (Sm) | $132 million based on PBS 2019-20 (Program 1.2) | Baseline: The ILC program seeks to build the capacity of people with disability and communities to enable people with disability to achieve their goals and be included in all aspects of community life. Delivering ILC activities serves as a catalyst for change and is focused on creating greater inclusion for people with disability. | Result: $135 million |
This program will cease to be managed by the Agency in the 2021 financial year with responsibility transferring to the Department of Social Services.
NDIA Annual Report 2019-20 104
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