Self-managing your funds gives you maximum independence and flexibility in managing your support. You have control over, and responsibility for, your NDIS funding.
If you self-manage, you are responsible for purchasing supports within your budget. Purchases must be in line with the intent of your funding and help you achieve the goals you have identified identified in your plan.
If you self-manage, you can:
•Decide who provides the supports in your plan—they can be an NDIS registered provider or an unregistered provider.
•Employ your own staff or pay someone else to employ them on your behalf. Family members cannot be employed to provide support to you.
•Purchase more supports using any savings you make by arranging your services, provided they are in line with what is agreed in your plan.
There are additional requirements and responsibilities for people who self-manage their funds, including record keeping, acquittals and payment of provider invoices. A number of obligations and responsibilities also apply to participants choosing to employ their own staff.
Learn more in the Guide to Self-Management, available on the NDIS website ndis.gov.au or ask your e c i Coordinator, l a c or NDIA Planner for a copy.
If you choose to use a Plan Manager, they will be funded in you plan. They will pay your providers for the supports you purchase, help you keep track of your funds and do any financial reporting for you. You can do the same things as if you were self-managing, except a Plan Manager pays the bills for you. Depending on your circumstances and the type of support in your plan, a Plan Manager can also help you to find providers.
Your Plan Manager must be an NDIS registered provider and they will claim directly from the budgets in your plan to pay your providers on your behalf.