Things You Need To Know About Plan Management
Do you need the service of a plan manager?
A plan manager will be able to help you with all your tasks about financing of your NDIS plan and provide you liberty to make all the decisions without the hassle of doing all the paperwork yourself.
You will not be spending any out-of-pocket costs if you have a plan manager and you will also be granted access to better supports and services if you avail this option.
You need to know how you can get a plan management as part of 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 plan management help you get the best?
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 the funding approved is just the first step in a very long procedure that can be very overwhelming in some cases. 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. If an NDIS plan will be working properly, it will enhance your life, help you achieve your goals, and remove some barriers to participation even if it may require extra attention and commitments.
The default option that will be offered to all the participants of an NDIS plan is the agency managed funding. This would mean that the group or organization that will be providing the participants with services will be paid by the agency. And all of the organization that is providing services must meet the criteria and must be among the list of registered service 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 option also mean that you will be paying the services and get your reimbursement later on which is really not easy.
The plan management is the other option which will have all of the great aspects of the other two options, self management and agency managed, and you have the right to pay for a plan manager since you are a participant of an NDIS plan, this will make your life a lot easier.