If you’re self-managing your NDIS plan, it’s up to you to decide if you want to engage a plan manager. The choice you make can have a big impact on what you can buy and use from your plan, as well as how you pay for your plan. While plan managers will charge a fee for their service, many people find it worth having peace of mind while dealing with the NDIS.
A plan manager will help you manage your NDIS plan management, ensuring that it meets your goals and stays within your budget. In addition to paying your service providers, they’ll also secure the funds that are paid directly to them. However, it’s important to note that not all plan managers work with clients. If you’re considering using a plan manager, ask for recommendations from others in your network. The Mable Team can also recommend a plan management organisation for you.
In addition to NDIS plan management, you’ll need to have a separate bank account for your NDIS funds. The bank account should be in your name or your child’s and should be fee-free. You can’t claim bank fees against your NDIS funds. It’s best to keep these details with you during your planning meeting. Once you’ve established your new bank account, it’s time to choose a service provider. This way, you’ll be able to choose your provider and negotiate a service agreement with them.
You can choose between two different types of plan management: self-management and nominee. The former is usually better for your interests because you can determine which option works best for you. In general, though, a self-managed plan is more flexible than a managed one. You can choose a provider based on your preferences, but it’s important to remember that a plan manager will be able to communicate with you about your needs and your finances.
In addition to having a plan manager, you need to have someone you can trust to manage your funds. A person with experience in the disability sector should understand the intricacies of the NDIS and will provide you with assistance in making the most of your funds. In addition, a person with a strong personal rapport with their clients will be better equipped to manage their finances and access services. You can also get an expert’s advice for your plan.
While self-managing your NDIS plan management can be a great option for some people, it’s important to find a plan manager with the appropriate qualifications. A good manager will be impartial and represent your best interests. They should also give you feedback on your decision-making process and help you achieve your goals. You should also make sure that the person you hire is knowledgeable and has a good personal rapport with you and your needs.