Here at Leap in! HQ, we are sometimes asked if plan management fees come out of your allocated NDIS budget.
Good news! The answer to this question is no.
Having a plan manager costs you nothing extra and there are no out of pocket expenses to you. You will not have money taken from your NDIS funding either. How? Because the NDIA supports plan management by adding extra funds to your plan to cover the cost of a plan manager. Understanding all these terms can be confusing! If you need a refresher on what some of the key NDIS terms are, you can view The ultimate list of NDIS terms.How do I choose to be plan managed?
Plan management is a choice you make about who will help you manage your NDIS budgets and pay your service providers’ invoices. At your NDIS Plan meeting you will need to tell your planner (or local area coordinator) how you would like to manage your plan. There are four options:- Plan management
- Self managed
- Agency managed
- A combination of the above.
What happens next?
The plan management costs that are covered under the NDIS may include:
- An initial one-time cost (per plan) to get you set up
- Supporting you as you transition to plan management
- Ongoing monthly fees
None of these fees come at a cost to you or reduce your NDIS funding amount.
