NDIS Plan Manager: 7 Reasons to Consider

NDIS participants in Perth with a plan manager are experiencing satisfying fund management than handling NDIS funds independently. That is because the Sky Plan’s NDIS plan manager handles A-Z financial aspects for the people eligible under NDIS.

If you are looking for an NDIS plan management, you should first have a strong reason to consider their services. Because it is quite possible that taking a plan management service comes from superficial knowledge. And to prevent later regrets, you must consider 7 strong reasons to decide if the service truly aligns with your needs.

In this blog, you will learn how a plan manager simplifies financial management, increases choice and control, provides expert guidance, reduces clerical work, and ensures NDIS compliance. So, continue reading the blog till the end.

Understanding NDIS Plan Management

Before discovering the plan management benefits, let's clarify its meaning.

When you walk into an NDIA office for your first meeting with the local coordinators, you are often asked to opt for one of the three NDIS funding services. This involves NDIA-managed, self-managed, or plan-managed funding.

NDIS plan manager manages your plan and the allocated funds to take responsibility for the following:

●      Process bills from NDIS registered or non-registered service providers to review if it meets the NDIS price limits.

●      Directly pays the invoices to providers within 2 days of the receipt.

●      Tracks your budget within each category through the participant budget dashboard. This ensures that expenses on NDIS-approved services are well aligned within the available budget.

●      Make financial claims directly through the NDIS portal.

●      Prepare monthly statements for the overall and category-wise remaining funds and spending summaries.

Benefits of Appointing an NDIS Plan Manager 

Now let’s get familiar with the reasons to choose an Best NDIS plan management in Perth.

1. Simplifies Financial Management:

Managing your NDIS funds becomes simple. You are stress-free when you have an expert who understands the best ways of using available funds. This prevents you from overspending and underspending on services.

Additionally, plan management assists in managing multiple invoices. They receive bills directly from providers, pay them within 2 days of the receipt, and ensure their compliance with NDIS price limits for hourly rates. This enables you to focus on receiving the best care, without having to worry about handling frequent payments.

2. Increases Choice and Control:

Budget managers complies with the NDIS principles of Choice and Control. As a participant, you can choose one or both of the registered or unregistered providers.

You can even control spending more on specific services that directly impacts your ability to live independently. The NDIS plan management in Perth provides access to your budget insights, expenses, and balances so you can always track your payments and savings along with the fund managers.

3. Provides Expert Advocacy:

Plan managers have experience to understand the NDIS challenges and resolve them through their knowledge and problem-solving skills.

Even when they encounter past records when funds are underutilised, they immediately step in to encourage participants about seeking additional NDIS support. Similarly, if you get into a dispute with your provider, their expert assistance is always there to clarify billing issues or look for alternatives.

4. Reduces Administrative Burden:

Outsourcing the administrative tasks is an obvious reason to hire the services of an NDIS plan management in Perth. As soon as the fund managers receive invoices, they claim NDIS for paying to the providers. And keeps a record of every single payment.

For this reason, plan managers maintain comprehensive and accurate records of NDIS plan, agreement, invoices, monthly statements, and letter of recommendation. This is possible through their budget dashboard’s document holding facility. This relieves you from the stress and pressure of securing paperwork.

5. Ensures Compliance and Accountability:

NDIS lays down pricing guidelines that every NDIS participant must adhere to for receiving financial claims continuously. An NDIS plan manager provides faith that your spending aligns with the NDIS guidelines.

For this reason, NDIS budget management complies with NDIS auditing requirements to minimise penalties. Their services minimize funding misuse and rejected claims. Also, they constantly update themselves on changing NDIS policies and pricing guidelines. This helps you to get the budget and claims that meets the latest standards.

Final Words

We hope you found this blog useful. As you see, plan management services offer numerous benefits that every NDIS participant should consider. While these offerings handle your NDIS budget, you must focus on achieving NDIS goals and living your best life. 

Remember, the costs of an NDIS plan manager is covered under NDIS, so you must realise the full benefits of NDIS support without compromising on necessary services. 

Begin your search for the plan manager in Perth, give a call directly or submit your first enquiry to learn the details.