NDIS reports dramatic jump in payouts

Report also revealed changes in participant headcount

NDIS reports dramatic jump in payouts

Insurance News

By Roxanne Libatique

The National Disability Insurance Scheme (NDIS) paid out $3.29 billion of paid support to participants in June 2022, up by 37% from $2.40 billion in the same month last year, according to the scheme's latest monthly summary.

Despite the budget cuts, the number of NDIS participants increased by 15% from 466,619 participants in June 2021 to 534,655 in June 2022.

The NDIS also released figures for the financial year 2021 to 2022 (FY21-22). It revealed that it provided $28.66 billion of paid support to its participants during the latest financial year, a 23% jump from $23.35 billion during the 2020-2021 financial year (FY20-21).

Meanwhile, the average annualised payment per participant was $56,100 in FY21-22, up 3% from $54,300 in the previous financial year.

When comparing the same group of participants between the financial years, the average annualised payment per participant was $59,100 during FY21-22, a 9% jump from $54,300 during FY20-21.

The NDIS is in a hot seat due to budget cuts that led to participants' financial woes, as well as scheme-related fraud in June. This week, the National Disability Insurance Agency (NDIA) confirmed that NDIA chair Dr Denis Napthine bid farewell to the agency after serving for three months.

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