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How does the NDIS manage its financial sustainability?
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[QUOTE="Leah Kelvin, post: 336854, member: 106815"] That is why the NDIS employs several strategies and techniques to maintain its financial sustainability. First of all, the NDIS is financed by a mixture of government funding and contributions from participants. To ensure sustainability in its workings, a specific budget for the NDIS is allocated bythe Australian Government annually. Also, the NDIS focuses on cost effectiveness and efficiency in service delivery. It has price negotiations with providers to achieve reasonable pricing and cost containment. The scheme also encourages competition among providers to promote efficiency and better outcomes for participants. [/QUOTE]
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How does the NDIS manage its financial sustainability?
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