The Importance Of Plan Management
How will you know if you are in need of a plan manager?
A plan manager can provide you with assistance on all your financial tasks regarding your NDIS plan in order for you to avoid the stress of doing all the paperwork yourself.
Having a plan manager will not give you any out-of-pocket costs, you will even be given access to great supports and services if you choose this option.
So how do you get a plan management for your NDIS plan?
If ever you choose to have a registered third party be managing your NDIS plan, all you have to do is to request this during your meeting with the NDIS planning agency or during the term in which your plan is in effect.
How will you benefit from plan management?
You should know that the NDIS is still on the verge of increasing the size of coverage for all Australians that are disabled and among the decisions that these people will make during the process is how will their funding be managed.
Having your funding approved is just part of a very long process that can be really exhausting in some point in time. Getting to know how your funds will be managed is really important in regards to getting the most out of the allocated fundings and accessing the supports with very less hassle. Even if the NDIS plan would require a lot of commitment and administration from your part, you should see to it that you provide those in order for the plan to work properly and help you achieve all your goals, remove barriers to participation, and enhance your life.
The default option that will be offered to all the participants of an NDIS plan is the agency managed funding. This means that it is the responsibility of the agency to provide the payment to all the group or organization that will be providing their services to the participants of the NDIS plan. And all of the service providers must be on the list of approved and registered providers by the agency.
The other option is self management – this means that you are responsible in paying the service provider who provided you with the services under your NDIS plan. This can really be a more flexible option given that you can choose the service provider that you want, but take note that you will need to be more committed on this since you will do all the paperwork, manage the budget, and keep the payment up to date. This will mean that you will pay for the services that you got and get the reimbursement later on which can be quite hard.
Another option that you can choose is the plan management which will combine all of the great aspects of agency management and self management and as a participant of an NDIS plan, you have the right to look for a plan manager in order to make it easier for you.