Assessment of Adjustments to the National Pricing Model Policy
Date published: 7 September 2023
The Assessment of Adjustments to the National Pricing Model Policy outlines the criteria the Independent Health and Aged Care Pricing Authority (IHACPA) uses when assessing proposed adjustments to the national pricing model to address legitimate and unavoidable cost variations in the delivery of public hospital services.
This includes the process IHACPA follows when assessing the materiality of proposed changes to the national pricing model, such as the introduction of new adjustments or alternative pricing approaches, or the review and potential removal of existing adjustments.
This policy consolidates and replaces the following two policies:
- Adjustments to the National Efficient Price Policy (previously known as the Assessment of Legitimate and Unavoidable Cost Variations Framework)
- National Pricing Model Materiality Policy (previously known as the Assessing Materiality of Changes Proposed to the National Pricing Model document).
The current version of this policy is Version 1.0.
Previous versions of the superseded policies are available in the table below.
| Policy version | Publication date |
|---|---|
| Adjustments to the National Efficient Price Policy – Version 4.0 | 6 June 2022 |
| Assessment of Legitimate and Unavoidable Cost Variations Framework – Version 3.0 | 22 April 2021 |
| National Pricing Model Materiality Policy – Version 3.0 | 6 June 2022 |
| Assessing Materiality of Changes Proposed to the National Pricing Model – Version 2.0 | 22 April 2021 |
For versions published prior to 2021, please contact enquiries.ihacpa@ihacpa.gov.au.