Being a parent with fibromyalgia means that a lot of your money goes to healthcare. According to the US National Library of Medicine, 34 percent of people with fibromyalgia spend between $100 and $1,000 above their insurance to visit healthcare professionals when they need them. When you think of the future and securing your children’s education, you might be filled with lots of worry. There are tax benefits that help you save money, but there are also other ways you can manage financially.
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How to Cut Back on Your Medical Expenses
Get A Discount On Your Medication
You rely on regular medication, such as pain drugs or antidepressants, but you should check for programs that offer discounts on these drugs. This can go a long way to easing your finances, giving you more money to put away for your children’s college fund every month. The average cost of fibromyalgia medication is between $90 and $200 every month, while the addition of physical therapy every month will cost between $50 and $350 or more per session. That adds up to a lot of money! Visit NeedyMeds.org, a website that allows you to search for drugs you need and then see if there are any programs that offer the drugs at a low or no cost.
Apply For Social Security Insurance (SSI)
There’s fibromyalgia disability available if you can prove your condition is permanent and if it means that you can’t work. The Social Security Administration (SSA) states that disability means being unable to do substantial activity, and your condition must negatively affect your career in order for you to be considered for this insurance. When applying for social security insurance, your education, age, and abilities will be taken into account. The SSA also wants to be sure that other health problems have been ruled out by your doctor, so you want your doctor to maintain records of your healthcare and fibromyalgia histology as these will improve your chances of getting insurance. When completing disability forms, it helps to focus on the frequency, duration, and severity of your illness, to show how it prevents you from earning a full-time income.
Deal With Medical Debt
If you’re swamped with medical debt, it can be really difficult to save money for other things, such as your children’s education. However, you can tackle medical debt in a new way. An example is to check with your hospital or a debt relief company to find out if you can negotiate lower payments to help you deal with your medical debt in a more manageable way. No matter what your medical situation is, you should always consult with a debt counsellor to see if you can work out a payment plan for your bills that suits your bank account.
Fibromyalgia can be a painful and sometimes debilitating condition. To make matters worse, it can be expensive to deal with it. Financial stress can be a heavy load to carry but there are ways in which you can save money on your medical expenses so that it can go to other important things in your life, such as your family and children’s future education.