When your NDIS plan has been approved, the next step is to decide how you want your plan to be managed. Will you take on every aspect of your plan yourself? Have the NDIA managed on your behalf? Or engage a Plan Manager to help? This can be confusing, so the more information you have, the better your decision. If you are unsure, you can chat with your LAC, who will help guide you through your options. However, we are here now to let you know more about one method: plan management.
NDIS plan managers handle your budget and administration of your plan. Their role is to assist you in managing your financial responsibilities and all book-keeping and records-management related to your plan. Engaging NDIS plan managers will cost you nothing, but the benefits are significant: spending less time on paperwork and more time focusing on achieving your goals.
Your budget handled
NDIS plan managers take care of everything budget-related in your NDIS plan. They will keep track of your funding, process payments to your providers, and satisfy any auditing requirements that may arise. As a result, your providers will receive efficient, timely payments and ensure you maintain a positive relationship with the people delivering your supports.
NDIS plan managers also assist you in making claims through the NDIS portal and provide access to your budget so you can see exactly where your funds are being spent. In addition, their expertise will help you negotiate the cost of your supports, enabling you to make the most out of your plan funding.
Your budget needs careful attention to ensure your funds are being spent under your plan. And to make sure you don’t run out of money. NDIS plan managers will keep an eye on your budget, and if it appears your funds are being spent faster than intended, they will let you know. This means you are in no danger of your funding being exhausted and your supports being interrupted. Instead, you will have plenty of time to contact your support coordination provider to discuss your current arrangements and make any necessary adjustments to your supports.
NDIS plan managers will also handle all NDIS-related paperwork, financial reporting, and other administrative tasks associated with your plan.
Giving you back control
Opting for plan management allows you the freedom to choose from registered and non-registered support providers. Consequently, you will have access to a wide range of providers to help you achieve your goals.
NDIS plan managers help you navigate the NDIS process and make informed choices when it comes to who provides your supports. This means you will have help determining which options provide you with the most value and make your plan funding go the furthest.
Where to find NDIS plan managers
NDSP Plan Managers specialise in helping you manage your NDIS funding. Our expertise allows you to focus on your supports while we handle the administration of your NDIS budget. Our NDIS plan managers can help you get the most out of your funds and take the burden of paperwork off your shoulders.
Contact NDSP today to discuss how our NDIS plan managers can help you.