Choosing a plan manager for managing your NDIS plan is one of the crucial decisions that should be taken with utmost care. Getting optimal benefits from your NDIS plan depends upon how your NDIS plan is managed. You can manage your plan differently: some give you more flexibility. Here we’ll discuss different ways in which you can manage your plan. You may choose the method that is deemed fit for you.
1. Self-Management:
This is the most flexible approach. But
this flexibility comes with greater responsibility. Self-management
means you need to take care of every aspect of the NDIS plan, whether it be
managing the support you need or managing and planning the financial aspects of
your plan. You may use a nominee to manage on your behalf. The nominee can be your
parents or carer.
Your responsibilities while you are managing your plan by yourself
are as follows:
- You choose and organise your support, including staff and services, under your plan.
- Managing the invoices of the supports you are using.
- Managing the reporting to the agency on my place portal on your plan funds.
- Keeping the proper record and receipts of support you received.
Some Pros and Cons of Self-Management
The benefit of self-management is the ultimate flexibility to
choose your providers. You know exactly who you are paying and for what
supports and services you are paying for. But this flexibility is always with responsibility. You need to pay the support all by yourself in advance and wait for the reimbursements later by the NDIS.
1. NDIS (Registered Provider) Management
Some people are content to engage through an NDIS-registered
provider. This type of management gives you peace of mind, and you have someone
who takes care of your finances and manages Trusted Support Coordination that
you need. This is why this type of management is gaining popularity. When looking for the answer to “Who should be my plan manager?”, You should look for
an NDIS-registered provider through which people can exercise more
control and choice. Some key features of an NDIS Provider management plan are:
- You still have the choice to select your support and support workers.
- The Provider manages all the invoices and payments for all Trusted Support Coordination services you are utilizing.
- The provider keeps all receipts and records of support.
Pros and Cons of NDIS Agency-Management
There are distinct advantages of the agency-managed plans. These plans are generally time-saving and transparent as NDIA is responsible for the accountability of all the payments for specific supports you received. But at the same time, there are a few drawbacks, like a lack of control and less flexibility.
Choosing Plan Manager
A plan manager is registered with
NDIS, especially for plan management services. Plan managers get a fixed monthly amount for managing your plan's financial aspects. Choosing a
plan manager involves:
- Meet with your plan manager and discuss your NDIS plan and goals.
- Manage and organise the financial aspects of your NDIS plan.
- You can still choose your own support workers and organise your own support.
Why Choosing HiFive as My Plan
Manager?
Hi Five is a registered NDIS Plan manager who helps you get the maximum of your funding but also helps you achieve your goals. Whether planning management, Trusted Support Coordination, personal care, in-house support and community access, psychosocial recovery or aged care, HiFive is always there to help you. We, as a provider of premium Disability Services in Australia, proudly offer flexibility, choice and control to Victoria’s disabled community.
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