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Managing Your NDIS Funding. Which Path Is Right For You?

It’s important to get on the right track when it comes to managing your NDIS funding. You can choose from three options to manage your NDIS funding:

1. Self-managed
2. Plan-managed
3. NDIA-managed (also referred to as agency managed).

Here’s a brief outline of what each option means.

1. Self-managed

I will claim funding from my NDIS plan to pay providers myself (or my plan nominee or child representative may do this on my behalf) through the NDIA participant portal. Providers will invoice me directly for supports I have agreed they will provide.

2. Plan-managed

My plan management provider (who looks after my plan on my behalf) will make claims and pay repair providers on my behalf for supports I have agreed they will provide.

3. NDIA-managed

Providers will submit and claim payment directly from my NDIS plan based on active service bookings through the NDIA Provider Portal. Where supports are NDIA-managed, I can only use an NDIS registered provider.

Can I choose more than one of these options?

Yes, you can choose a combination of the three options. For example, you may choose to self-manage one part of your plan to start with and have the rest managed by the NDIA. These details will be included in the breakdown of your funding provided, as advised on your NDIS plan.

When do I choose the options I want?

Your ECEI Coordinator, LAC or NDIA planner will ask you how you would like to manage your NDIS funding during your planning meeting. They will help you choose the best way to manage your funds for your needs and circumstances.

No matter how your funds are managed, you still have choice and control to ensure your services are working for you and that they fit within your budget. And remember, even if your funding is managed by the NDIA or a Plan Manager, you should regularly check the NDIS participant portal, ‘myplace’ and your funding to make sure your budgets are on track.

What if I don’t receive any funding from an outside source?

If you don’t have any funding provided by an outside source, you are considered to be ‘Privately Funded’. This means that you are not funded through any government funding body or aged care plan. So if you receive an invoice directly, it is your responsibility to make the payment.

Where can I find out more about ways to manage my NDIS funding?

The team at Power Mobility can help you with general information and point you in the right direction. Alternatively, you can call the NDIS on 1800 800 110 or visit

https://www.ndis.gov.au/participants/creating-your-plan/ways-manage-your-funding

A Registered NDIS Provider with over 40 years experience, Power Mobility provides the perfect combination of quality mobility products, personal service and expert advice.

Widely regarded as the power chair specialists, Power Mobility also offers a wide selection of scooterslift chairsmanual wheelchairs and much more. So give our friendly team a call on (07) 2102 7563 or drop into our showroom in Geebung.