1800 717 443Plan Management – The Best Option For You
It is important first to have the best idea about the difference between self-managed and plan-managed NDIS funds so that you don’t face any problems when making your final decision.
Self-Managed
When you self-manage your NDIS funds, it is your responsibility to safely keep all your receipts and submit your provider’s invoices to the National Disability Insurance Agency (NDIA). You also need to ensure that it is paid accurately and on time. You will have the flexibility to use your funds and decide whom you should hire to assist or help you with the financial admin of your NDIS plan. In this, your providers can also ask for higher payment to offer the service than the limited amount in the NDIS price guide.
Plan Managed
On the other hand, plan management is where plan managers help manage your funds in your NDIS plan. Your plan manager will take care of everything, such as paying invoices and helping you to get funds back from the NDIA.
Whether you opt for self-management or plan management will depend on your situation, time frame, and personality. At the same time, both options allow you to access and hire the service provider you want, whether they are NDIS registered or not.
Ways In Which Our Professional Plan Managers Can Help
- Our expert plan managers can help you learn the best tips to self-manage your plan.
- We will work closely to help you improve your plan management and financial skills.
- The professionals will help you monitor your funds and provide timely financial reporting.
Both self-managed and plan-managed options give access to all registered and non-registered NDIS service providers. Now it depends on you what you need to do. You can trust the professionals of Elite Disability Care to show you the right direction and help you efficiently.
