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Writer's pictureShaun Chaudhry
Sep 20, 20242 min read

Can Self-Management Lead to Increased Funding and Choices?

Summary:

  • Exploring self-management under the NDIS.

  • Benefits of self-managing your funding.

  • Considerations before deciding to self-manage.

Introduction

Navigating the National Disability Insurance Scheme (NDIS) can be overwhelming, especially when deciding how to manage your funding. One question that often arise is, “Will I have more funding and more choices if I self-manage?” In this post, we’ll explore the benefits and considerations of self-managing your NDIS funding.


What Does Self-Management Mean?

Self-management gives you the autonomy to control your NDIS funding. This means you can choose the services and supports that best meet your needs without the constraints of traditional plan management.


Benefits of Self-Management

  1. Increased Flexibility: Self-managing allows you to make spontaneous decisions about your support needs. If a new service provider becomes available or if your needs change, you have the power to adapt quickly.

  2. Greater Choice: You’re not limited to registered providers. This opens up a wider range of service options, enabling you to choose providers who you feel are the best fit for your goals.

  3. Direct Control Over Funds: You can decide how and when to spend your funds. This can lead to more personalized support, as you can prioritize your specific needs and preferences.

  4. Potential for Increased Funding: While self-management doesn’t inherently increase your funding, it allows you to utilize your budget more effectively. You can identify cost-effective solutions that meet your needs without overspending.


Considerations Before Self-Managing

  • Time and Effort: Self-management requires a significant investment of time and energy. You’ll be responsible for budgeting, paying invoices, and keeping records. Ensure you have the capacity to manage these responsibilities effectively.

  • Knowledge and Skills: It’s essential to have a good understanding of the NDIS guidelines and processes. Familiarize yourself with the requirements to avoid potential pitfalls.

  • Support Needs: Consider whether you have a support network in place to help you with self-management. Sometimes, a plan manager can offer valuable assistance while still allowing you to make most decisions.


Conclusion

Self-managing your NDIS funding can provide you with increased choice and flexibility, but it also comes with responsibilities. If you feel confident in your ability to manage your plan, self-management may be a great option for you. However, if you prefer to have some guidance, consider working with a plan management service like Proactive Plan Managers.


If you’re interested in exploring your options further, feel free to reach out!

Contact Us: For more information about self-managing your NDIS funding or to discuss your plan management options, contact Raj at Proactive Plan Managers.

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