Differences Between Self-Managed and Plan-Managed NDIS Plans

Self-Managed and Plan-Managed

When navigating the NDIS, it is essential to understand the differences between self-managed and plan-managed options. In a self-managed plan, the participant has direct control over their funding, can choose their own service providers, and negotiate pricing. In plan-managed plans, a plan manager handles payments, processes invoices, and assists with budget management. Both models offer flexibility, but self-managed plans require more administrative involvement.

Frequently Asked Questions on the Topic:

1. Which type of NDIS plan is best for me? This depends on your confidence in managing money, time, and communication with providers. If you want greater control, a self-managed plan may be ideal. If you'd prefer someone to handle payments and paperwork, plan-managed may be more suitable.

2. Can I change the type of management for my plan after it’s approved? Yes, you can change your plan management type by contacting your support coordinator or directly reaching out to the NDIA.

3. Do I need an accountant for a self-managed plan? Not necessarily, but you must keep detailed and organised records. The NDIA may request proof of expenditure at any time.

4. Can I hire any provider with a self-managed plan? Yes, including providers who are not registered with the NDIS, as long as the services align with your plan’s guidelines.

5. What’s the difference between a plan-managed and an NDIA-managed plan? Plan-managed plans are administered by an independent plan manager, offering more flexibility. NDIA-managed plans only allow the use of NDIS-registered providers.

Sunshine Family Support offers services to participants with both self-managed and plan-managed NDIS plans. If you have questions or need guidance, we are here to help!