You are here: Home Managing Your ... Breast Cancer Breast Cancer: ... Summary
Information about all aspects of finances affected by a serious health condition. Includes income sources such as work, investments, and private and government disability programs, and expenses such as medical bills, and how to deal with financial problems.
Information about all aspects of health care from choosing a doctor and treatment, staying safe in a hospital, to end of life care. Includes how to obtain, choose and maximize health insurance policies.
Answers to your practical questions such as how to travel safely despite your health condition, how to avoid getting infected by a pet, and what to say or not say to an insurance company.

Summary

Next »

1/15

  • Keep the financial basics going. When your health and possibly your life are at stake, it's easy to ignore the every day finances such as paying the rent or mortgage or doing what you can to keep or improve your credit score. In a word: "don't". You need a roof over your head and healthy food on the table
  • Focus on health insurance.
    • If you have health insurance:
      • Do what you can to keep it and to maximize use of it. 
      • Keep in mind that your share of medical expenses can add up quickly.
    • If you do not have health insurance, you may be able to get it despite your diagnosis - even before the benefits of Health Reform 2010 start.
  • Financial assistance is available to help pay your medical and other costs. 
  • If you need to raise funds, there are a variety of ideas to consider.
  • With a diagnosis, credit becomes even more important. So does keeping cash on hand. There are likely to be new uses of assets available to you.
  • Revisit your investment strategy to take into account your diagnosis.
  • Let the financial professionals in your life know about your diagnosis.
  • Both for insurance and tax purposes, keep track of the medical services you receive and the expenses you pay.
  • Don't pay a medical bill just because you receive one. Check all medical bills before paying - particularly hospital bills.
  • Buy drugs wisely. Price is only one factor to consider.
  • As soon as you have time, do basic financial planning to help maximize your resources. Planning should take into account the new normal that exists for life after a diagnosis. Financial planning doesn't have to take a lot of time. There are easy to follow steps. The result will help you control the future.

Please share how this information is useful to you. 0 Comments

 

Post a Comment Have something to add to this topic? Contact Us.

Characters remaining:

  • Allowed markup: <a> <i> <b> <em> <u> <s> <strong> <code> <pre> <p>
    All other tags will be stripped.