Management of Funding

Management of Funding for Supports [Plan Management]

There are three ways you can manage your NDIS funding for participants usually by a primary carer or by family members.

·        Manage your own funds (self-management)

·        Get a professional to do it (plan-management)

·        Let the NDIA do it (agency-management)

·        A combination of the above.

Your Life Disability Support is a registered plan management provider. We can manage the NDIS funding for supports on our participant’s behalf. Plan management is the financial management of the plan supports including making payments to providers, expense claims processing, tracking of budgets, providing monthly statements for participants and claiming for payment from NDIA. Financial Intermediary funding applies to registered plan management providers who deliver plan management supports. A financial intermediary will typically possess good knowledge of providers and supports, developed through strong connections in the relevant community.

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