July 4, 2020
We’ve done a lot of writing about all of the different ways the National Disability Insurance Scheme (NDIS) can help you access disability support services and how to make the most of your plan funds. But, if you’re new to the NDIS then you probably have a lot of questions about what the NDIS actually is, what funding can be used for and how to use your funds.
In this blog, we’ll cover the basics in a way that you can understand and link you to helpful resources that explore some topics in more detail. But don’t worry if you still can’t find the answers to all of your questions – the team at Disability Plan Services are ready to help you whenever you need it.
There is a lot of information out there about the NDIS and a lot of providers who all share the same desire to help those with disability to live a fulfilling life. So where can you turn for trust-worthy advice?
First and foremost, if you have any friends, family or colleagues in your network who have experienced the NDIS or living with disability, reach out to them and ask for their recommendations. Others who have been through a similar experience to you will often have a lot of life lessons to pass on that may help you out greatly!
Another way to get help is to speak to an independent, third-party provider of disability support services such as Support Coordination and Plan Management. These experts help to connect those with an NDIS plan to the best possible service providers and understand the NDIS better than anyone else.
If you’ve just received your first NDIS plan or you’ve began caring for someone with a disability, asking yourself, what is NDIS funding, is a normal question to have. NDIS funding is provided to eligible Australians aged under 65 who are living with a permanent and significant disability.
Everyone’s funding will differ based on personal circumstances and can only be used to pay service providers who deliver supports you require to meet your needs and achieve your goals. Your needs and goals are determined at your planning meeting with the National Disability Insurance Agency (NDIA) and the details are included in your plan.
Depending on how you choose to manage your plan, there are a few different ways to request your funds when you need to pay for approved supports and equipment.
As we mentioned just before, this will vary on a case by case basis as everyone’s disability and needs are different. Your goals will also differ from others so you shouldn’t compare your plan to that of your friends.
There are three main categories that your funds will be allocated to, each covering different types of supports you may require.
Depending on how you choose to manage your plan funds, your options for using your NDIS funding will be different.
If you choose to self-manage your plan funds, the NDIS provides you with two options to pay for your supports:
Once you receive an account, invoice or timesheet from your provider, make a Payment Request. This can be done online using the myplace portal.
Money from your NDIS plan budget will be paid into your nominated bank account within 24 to 48 hours. You can then pay your provider.
Once you receive your support, pay your provider using your own money and get a receipt. Make a Payment Request to have the money from your NDIS plan budget paid into your nominated bank account. You will be reimbursed within 24 to 48 hours.
When your plan is managed by the NDIA (agency-managed) or you’re using an independent Plan Manager, like Disability Plan Services, they will access your NDIS funding to pay for supports you have received.
If you have more questions about your NDIS plan funds and how it all works, contact Disability Plan Services for an obligation-free chat today.
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