The plan management is a type of service where it offers to monitor your NDIS funds on your behalf. The plan manager will pay your providers from your budget, keep all track of your funds, and take good care of your finances. NDIS Plan Management is being paid under the Capacity Building budget to give additional support to your budget. It only means when you use a Plan Manager you will not lose any funds as they have the control. The plan is being implemented nationwide together with NDIA and local organizations to make the plan more ideal for the patient. The participants have to be responsible to manage the funds that are given by the agency. The NDIA has certain rules that every participant has to follow to continue getting funds and to secure that they are spending it properly. There is an accountability mechanism where the participants and their families have to track their funds. They have to keep all the financial records and keep updated reports.
NDIS plan managers are skilled and trained to do NDIS-related activities. When they are hired they will keep you posted about the NDIA and service providers.
Gets you more choices
Those participants that are in the plan management with NDIA may have lesser choices when it regards service providers. The agency is only working for accredited centers. When you have a plan manager it will give you an option to work with both registered and unregistered services. Getting a good choice of service center is necessary for persons with disabilities. Aside from digital healthcare services, therapy is the most effective when they trust them and it will help those disabled. Sometimes unregistered services are the best option for a certain need.
Familiar with the scheme
Managing your NDIS plan can deal with a lot of stress while you are busy doing your therapy and monitoring it. Aside from monitoring, you have to do administrative tasks. Without the right knowledge to do it you need to review the guidelines to check whether you are doing it correctly. But with the help of plan managers, they are familiar with the plan and paperwork. They memorized the guidelines, especially the deadlines. It gives you the chance to focus more on your life rather than thinking about any deadlines and budget.
Services are free
NDIS plan management will not affect your disability insurance because the services are free. When you state that you are going to get one it will take it to your account and gather separate funding to cover all the costs of their services. It only means that you are not going to pay anything to get access to professional plan management.