Self-managing your NDIS plan refers to when you take responsibility for managing your NDIS funding. It gives you lots of freedom and flexibility when it comes to shaping your plan and spending your funding, but it also comes with a lot of responsibility.
Here at Bright Plan Management, we know that some people prefer to self-manage, so we’ve broken down the main questions about self managing, to help you decide whether it suits you and your goals.
There are some key benefits to self-managing your plan:
You’ll have a wide range of choice when it comes to deciding what supports you purchase and who provides them
You’ll have the flexibility to use any provider that will help you reach your goal
You can employ staff directly
You’ll have the option of negotiating the costs of your supports
You’ll have the responsibility of managing your budget throughout the year
So, what goes into self managing my plan?
If you choose to self manage, you’ll be completing a wide range of tasks:
Researching and purchasing supports and engaging providers
Maintaining invoices and receipts
Budgeting and ensuring your funding covers the supports that you need
Establishing clear agreements with your providers about their level of service
Outlining how you’ve utilised your funds to work towards your goals
Letting the NDIA of any significant changes to your situation that might impact your ability to self manage your funds
What other options do I have?
While some people thrive self-managing their plan (especially if it aligns with their goals), it’s not for everyone. A plan manager can take the stress out of self-managing your plan, meaning you have more time to pursue your goals and work towards independence.
If you’re on the fence about self-managing your NDIS plan, that’s okay! Feel free to give us a call and we’ll work with you to help you decide whether self-managing is the right choice for you or whether plan management is better suited. We want you to make the decision that is going to the right one for you!