A Guide On NDIS Plan Management Solutions
Once you qualify for NDIS services, you must decide how to manage your NDIS plan. Most people are often conflicted over whether they should manage the plan themselves, hire a plan manager, or opt for NDIA-managed funding. Well, if you happen to be in this dilemma, below is a comparative analysis of the three options.
Self-Managed Plans
A self-managed plan is an arrangement where you have absolute control over your NDIS funding. Typically, you make critical decisions such as deciding the type of services you require, the NDIS service providers to hire and creating caregiving programs. The best approach toward self-managed plans is to assess if you are fit to self-manage the plan. For instance, you could consult other individuals with self-managed plans and inquire about the challenges they experience. You have to be proactive to ensure you get value for your funding. For example, you should conduct background checks on the various service providers to ensure they have NDIS certification and excellent reviews from their clients. Moreover, you should also research the available services and decide what services you need. The rule is to avoid replication. For example, you should avoid purchasing services that your friends and family can provide for free.
Hiring a Plan Manager
You could also opt to hire a professional to manage your NDIS funding. There are several benefits of hiring a plan manager. Ideally, the professional brings in their expertise to ensure access to essential and high-quality services at a reasonable price. For instance, the plan manager could recommend specialised, certified and highly experienced providers who can help alleviate your condition. Another benefit of plan managers is that they help create budgets and keep an eye on your funding. If your funding is low, the manager could develop strategies to ensure you receive quality care. For instance, they could recommend home-based care to save on accommodation costs.
NDIA-Managed Plans
You could also request the National Disability Insurance Agency (NDIA) to manage your funds. It is a suitable alternative when you cannot self-manage the plan or hire a professional. Typically, once you contract the NDIA, it pays service providers, claims reimbursements and keeps essential records. An advantage of this arrangement is that you do not incur management costs or the hassles of managing the plan. However, you must use registered providers. Although this is not an issue for most people, it could disadvantage people in the rural areas who do not have access to licenced service providers.
For more information, contact a company like KaizenCare.