Reports from University of New South Wales Describe Recent Advances in Insurance (Information Provision By Non-government Actors In the Australian National Disability Insurance Scheme: a Key Market Stewardship Function In Social Care …): Insurance

2023 NOV 06 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Fresh data on Insurance are presented in a new report. According to news reporting from Sydney, Australia, by NewsRx journalists, research stated, “The use of quasi-markets for the delivery of social care continues to grow internationally. This has presented considerable challenges regarding governance and stewardship of these markets, to ensure they meet policy goals.”

Funders for this research include Open access publishing facilitated by University of New South Wales, as part of the Wiley - University of New South Wales agreement via the Council of Australian University Librarians., University of New South Wales, as part of the Wiley - University of New South Wales agreement via the Council of Australian University Librarians.

The news correspondents obtained a quote from the research from the University of New South Wales, “To date, both scholarship and practice on quasi-market stewardship have mainly focused on the role of government. However, non-government actors can also play important stewardship roles. For effective stewardship, there needs to be integration between government and non-government actors in the system, not just a top-down approach. This paper explores the stewardship role of non-government actors in the Australian National Disability Insurance Scheme (NDIS) with a focus on the role of information provision as a key market stewardship function. Findings show non-government information providers play important stewardship roles that increase choice and control for citizens, enhance market sufficiency, diversity, and innovation, and support other actors in the system.”

According to the news reporters, the research concluded: “We argue for a shift in the conception of market stewardship as primarily a government activity and recommend the market stewardship actions of non-government actors be better acknowledged, funded, and ‘joined up’ with the market stewardship role of government to enable social care quasi-markets to operate more effectively.Points for practitionersInformation provision by non-government actors is a key market stewardship function in social care quasi-markets.Market stewardship needs to be the responsibility of a much greater range of actors than government alone.A framework for ‘distributed stewardship’ can help join up the stewardship actions of non-government actors with those of government to support information flows for more effective stewardship.”

This research has been peer-reviewed.

For more information on this research see: Information Provision By Non-government Actors In the Australian National Disability Insurance Scheme: a Key Market Stewardship Function In Social Care Quasi-markets. Australian Journal of Public Administration, 2023. Australian Journal of Public Administration can be contacted at: Wiley, 111 River St, Hoboken 07030-5774, NJ, USA. (Wiley-Blackwell - http://www.wiley.com/; Australian Journal of Public Administration - http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1467-8500)

Our news journalists report that additional information may be obtained by contacting Celia Green, University of New South Wales, School of Management, Sydney, Nsw, Australia. Additional authors for this research include Eleanor Malbon and Gemma Carey.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1111/1467-8500.12606. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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