The costs of healthcare and medical insurance are high and are guaranteed to get higher in years to come. According to a 2007 U.S. Census Bureau report, about 16 percent of Americans (47 million people) did without health insurance coverage at some time during 2006.
If you are permanently disabled, you cannot afford to be without some plan to cover your health related costs on an ongoing basis. It is also important if you are waiting to learn if you will be approved for SSDI benefits since you need to provide the SSA with updated medical records. Keep in mind that being buried under medical bills is already far and away the top reason for personal bankruptcies, accounting for about half of all cases filed in the United States. High medical and insurance costs, plus a drastically reduced income, seem to equal financial disaster for anyone struggling with a disability.
Fortunately, there are ways you can manage your healthcare needs after your employment ends. Consider using one of the following options: