Living with Disability | Consumer Debt Group


Living with disability

Disability doesn't just refer to permanent conditions- those that leave you confined to a wheelchair or unable to perform normal activities for some period of time. About 70% of adults over age 35 suffer a disability that lasts three months or longer. Regardless of your level of disability, it's critical that you draw up a new household budget. Basic budgeting skills can help you track your income an expenses. Use the tips in this booklet to get a complete picture of your current financial situation. Then, make any appropriate changes. Be honest. Include all of your current expenses, and then find effective ways to cut back on non-essential items until your finances improve.

Maintaining control The following are things to keep in mind when you deal with your financial situation. Family Resources: Savings, investment interest, dividends, or a spouse's paycheck can cover some of your monthly bills. Sick pay: Depending upon your employer, you may continue to receive your wages for a limited period. Disability insurance: Many employers offer some coverage. If yours doesn't or to supplement what your company does provide-look into a private policy, you can replace up to 80% of your lost wages with disability insurance. Insurance must be purchased prior to your disability. Worker's Compensation: You may be eligible if your illness or injury is job-related. Social Security: For details, call the Social Security Administration at 1-800-772-1213 Medicare: This generally applies to people age 65 and older. But it also coves those under age 65 who are entitled to receive disability benefits under Social Security for 24 months, as well as individuals with severe kidney disease. Medicaid: This provides health services to people with low incomes. While eligibility varies by state, you usually qualify if you're blind, disabled, or a recipient of welfare or Social Security benefits.

The Americans with Disabilities Act (ADA) protects the disabled in the areas of employment, transportation, public accommodations, telecommunications, and other services offered by state and local governments. For specifics on the Act, call the Advocate's office at 1-800-514-0301. For more information, contact the National Council on Disability at ncd.gov or 202-272-2004