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Annual Report 2018-2019 Administrator of the National Health Funding Pool



Annual Report 2018-2019 Administrator of the National Health Funding Pool

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Tabled paper 1476


Tabled Papers for 13th Assembly 2016 - 2020; Tabled Papers; ParliamentNT






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6 O V ER V IE W N AT IO N A L N SW V IC Q LD W A SA TA S AC T N T EN D N O TE S O V ER V IE W The National Health Funding Pool To ensure payments from the Pool are correct, no payment is made until the respective State or Territory confirms the payment and instructs the Administrator to make payment on their behalf. The Pool accounts are audited each year, have transparent accounting and reporting, and meet all other Council of Australian Governments (COAG) and legislative requirements. Funding and Payments NHR funding occurs when the Commonwealth or States and Territories pay NHR funding into a State Pool Account or State Managed Fund. NHR payments occur when funding is paid out of the State Pool Account by the Administrator, or is paid out of the State Managed Fund by the States and Territories. The payment recipients are LHNs, third parties on behalf of LHNs, State and Territory health departments, and other providers. Figure: 201819 Public Hospital Funding Payment Flows (page 7) highlights the source, types and amount of funding that flows through as payments to LHNs. Established on 1 July 2012 through enabling legislation in each jurisdiction, the single Pool is comprised of a Reserve Bank of Australia (RBA) account for each State and Territory to receive all Commonwealth (ABF and block) and State and Territory (ABF only) public hospital funding. Funds are also held in the jurisdictionally controlled State Managed Funds. These are separate bank accounts or funds established by a State or Territory to receive or distribute Commonwealth and State and Territory block funding. Commonwealth payments into the Pool are made as equal monthly instalments of an estimated annual payment. States and Territories can determine how much and when they deposit funds into the Pool and State Managed Funds. The State Pool Accounts are established under State and Territory NHR legislation for the purposes of: + receiving all Commonwealth national health reform funding; + receiving ABF State and Territory public hospital funding; and + distributing funds and making payments according to the National Health Reform Agreement.