The National Disability Insurance Scheme (NDIS) is pivotal in supporting Australians with disabilities, offering tailored solutions to enhance daily living and promote independence through well-structured support categories: Core Supports, Capacity Building Supports, and Capital Supports. The Capital Supports budget is specifically allocated for higher-cost investments aimed at enhancing a participant’s autonomy. This includes specialised assistive technologies, substantial home adaptations, and vehicle modifications necessary for improved accessibility and independence. Once Core Supports are included in your NDIS plan, strategic planning is crucial to achieve the best outcomes. Partnering with a knowledgeable NDIS plan manager can be incredibly beneficial for making the most out of your Core Supports budget.
Plan Managers take on the responsibility of managing the financial aspects of the NDIS plan. This includes processing invoices, making payments to service providers on behalf of the participant, and keeping track of budget allocations. This helps ensure that funds
are used appropriately and efficiently. Acquiring capital supports often requires quotes from suppliers and approval from the NDIA before the funds can be used. Plan Managers can facilitate the process of obtaining multiple quotes, ensuring that they meet NDIS criteria and
are cost-effective. They can also assist with the submission of these quotes to the NDIA for approval. Plan Managers will monitor the usage of the Capital Supports budget and provide regular reports to participants. This helps in keeping track of expenditures and ensures the
budget is being used effectively, avoiding both underspending and overspending.
Plan Guard Plan Managers provide seamless plan management services, ensuring that your funds are managed efficiently and your goals are within reach. We can help you simplify your NDIS journey with expert advice and efficient management of your NDIS funding. We want each one of our participants to feel informed, confident, and in control of their NDIS plan. Contact us today to know more.