Price limit
A price limit is the maximum a registered provider can charge for a support item under plan-managed and agency-managed funding.
A price limit is a ceiling published for a support item, not a fixed price the agency pays automatically. It sets the most a provider can charge when a participant’s funding is plan-managed or agency-managed.
Self-managed participants are not bound by published price limits in the same way, and can agree a different price directly with a provider.
Price limits are set out in the Pricing Arrangements and Price Limits document and reviewed on a schedule, so the current version always carries an effective date.
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Sources
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