Back-Casting Policy Version 8.0
Date published: 7 July 2023
The Back-Casting Policy outlines the process the Independent Health and Aged Care Pricing Authority follows when back-casting the national efficient price (NEP) or the national efficient cost (NEC) for the purpose of calculating Commonwealth growth funding, as set out in clause A41 of the Addendum.
This Policy will be applied in conjunction with the National Pricing Model Consultation Policy which outlines the guiding principles and consultative processes associated with changes that materially impact the application of the national pricing model for the purpose of the NEP and NEC Determinations.
The current version of this policy is Version 8.0.
Previous versions of the policy are available in the table below.
| Policy version | Publication date |
|---|---|
| Back-Casting Policy – Version 7.0 | 6 June 2022 |
| Back-Casting Policy – Version 6.0 | 23 July 2021 |
| Back-Casting Policy – Version 5.2 | 15 July 2018 |
For versions published prior to Version 5.1, please contact enquiries.ihacpa@ihacpa.gov.au.