In the previous article, we discussed how families with aging children with disabilities in early and regular screening, diagnosis and treatment [EPSDT] programs in non-health insurance extensions can deal with problems that the system may not be able to provide. The health care of the people they love. We do the same thing here, but look at some small programs.
Military interest
If you are a veteran and a parent of a disabled adult child, you can ask the military to design an incapacitated dependent for your child, which will qualify them for limited TRICARE benefits. Like most benefits, SSI and Medicare offer more comprehensive benefits, but they are not qualified and TRICARE can at least contribute.
Start charity
In today's connected world, there are many ways to ask for charitable donations, from old-fashioned options such as placing coin banks on the counters of local stores, and social media-friendly options like GoFundMe. These may be very successful short-term options, but they often don't last for a long time. In addition, in most states, the only sensible way to deal with the proceeds of such charities is to create a special needs trust fund - any other expenditures may end up as income for those with special needs, and then accidentally get them to start Medicaid or SSI . Ask a lawyer before you go this route.
Application for grant
In the United States, families do not have as many grants - most of them are organizations, organizations - but some are. The list on JoyfulJourneyMom.com is a great place to start national resources; for more local opportunities, please consult an aging organization in your area. Finally, consider finding a disability resource specific to someone you love, such as this list of autism lineage people.
Seeking tax cuts
For some very poor families, they spend a lot of money to care for disabled relatives, so tax cuts on medical expenses may be worthwhile. Basically, all medical expenses you pay for your family exceed 10% of your adjusted total income and will be deducted from the taxable income. This is really not much, but for families in such a desperate family, 11% or more of their total income is used to pay for medical expenses, it may be a straw.
Leverage existing resources
Although many families have poor income due to the economic environment and the amount of debt is amazing, they have never had some surprise resources. If you're sure that your disabled can get insurance for a certain amount of time, you can consider getting a reverse mortgage and withdrawing some money from your home's assets to help you achieve your goals.
Bridge loan
Similarly, some lending institutions [especially credit unions and other local banks] offer bridge loans. For those families who can show that they have a waiting period that they need to cover, in order to be able to make up for their needs. Successfully entered Medicaid or a similar comprehensive program. These loans need to be repaid, but they are a tool that should not be abandoned.
Orignal From: Aging of EPSDT - Part 9: More Strategies
No comments:
Post a Comment