What is Self-Management?
Self-management allows participants to fully control their NDIS funding. Participants manage all financial and administrative tasks, including paying invoices, tracking spending, and ensuring compliance with NDIS guidelines.
Pros of Self-Management:
- Full control over funding.
- Flexibility to use registered and non-registered providers.
- Opportunity to develop financial and organisational skills.
Cons of Self-Management:
- Significant time commitment.
- Requires a thorough understanding of NDIS guidelines.
- Risk of non-compliance if rules are not followed correctly.
What is Plan Management?
Plan Management involves working with a registered Plan Manager, like Skylight, who handles the financial and administrative aspects of your NDIS plan on your behalf.
Pros of Plan Management:
- Access to both registered and non-registered providers.
- No need to handle complex financial tasks.
- Expert guidance to ensure compliance with NDIS guidelines.
- Reduces time and stress associated with managing your plan.
Cons of Plan Management:
- Less direct involvement in managing your funding.
Key Differences:
Feature | Self-Management | Plan Management |
Provider Choice | Registered & Non-Registered | Registered & Non-Registered |
Financial Tasks | Participant’s Responsibility | Managed by Plan Manager |
Compliance Oversight | Participant’s Responsibility | Handled by Plan Manager |
Time Commitment | High | Low |
Why Choose Skylight for Plan Management?
Over the years, Skylight’s Plan Management services team has become an expert in managing NDIS plans seamlessly and stress-free.
Here’s why our participants trust us:
- Expertise: Skylight’s experienced Plan Managers understand NDIS guidelines, ensuring compliance and helping our participants avoid common pitfalls.
- Flexibility: With Skylight, participants can access both registered and non-registered providers, giving them greater freedom to choose the right supports.
- Transparency: Our participants receive detailed monthly statements and real-time updates through our online portal, ensuring complete visibility of their funding.
- Personalised Support: Our team takes the time to understand our participants’ unique needs and goals, providing tailored advice and guidance every step of the way.
Both Self-Management and Plan Management offer valuable benefits, but the choice depends on your individual needs and circumstances. For those looking to simplify the financial and administrative aspects of their NDIS plan, Skylight’s Plan Management services provide a trusted, flexible, and supportive solution.
Ready to make the most of your NDIS funding? Contact Skylight today to learn how we can help you achieve your goals. Get started today https://skylight.org.au/plan-management/