Managing your NDIS funding
Now that you have an NDIS plan, the next step is how to get the most value from your funding.
There is a wide range of providers, services, and supports on offer. Choosing and controlling your plan funding will ensure you receive the support required to achieve your goals.
There are a few different ways to manage NDIS funding, including self-managed, plan-managed, and NDIA-managed. Here we will explore the benefits of NDIS management and how this may help you to negotiate your plan funding.
What is NDIS management?
Managing your NDIS plan yourself can be overwhelming. You will be responsible for many financial and administrative aspects, which can take up a lot of time and energy. Having someone else take care of some, or all, of these things, will allow you to focus on your goals.
NDIS management will help you navigate your NDIS plan and make the most out of your funding:
- You can select who delivers your support from a selection of providers.
- Have your providers claim payment directly from your funding or be paid through your Plan Manager
- You have access to the NDIS myplace portal for budget tracking or have your Plan Manager manage this for you.
- Not required to manage your book-keeping or records of your spending
Why choose NDIS management?
NDIS management offers you the power to choose which providers you engage to deliver your support according to your needs. Importantly, you are in control of your plan funding; however, you are not left responsible for paying for the services you receive.
You have access to the details of your plan funding through the NDIS myplace portal so you can keep an eye on your budget and explore areas in which you may have funds available. Alternatively, you can have your Plan Manager handle all budgeting and financial matters.
If you encounter any issues with your support or claims against your funding, you can discuss this with the provider directly, or your Plan Manager can liaise on your behalf.
Take the administrative burden out of managing your funding by opting for NDIS management.
Choice and control
Your support and who delivers them are your decision. NDIS management provides you with the choice and control to determine which providers are right for you.
With so many options available, you can opt for different providers to provide various types of support. Similarly, you can change providers at any time if you find something is not working for you.
In other words, the power is in your hands.
Interested in NDIS management?
At NDSP, we specialise in NDIS plan management to help Australians with disabilities manage their support and achieve their goals. So, if NDIS management sounds like the right option for you, contact NDSP today and make the most out of your NDIS plan.