Posted on Dec 8, 2022
Long Covid's financial devastation: $8,000 in credit card debt, ruined retirement plans
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One additional reason to get vaccinated for COVID-19: avoiding medical debt from severe infection compared to mild case.
Long Covid's financial devastation: $8,000 in credit card debt, ruined retirement plans
Posted from cnbc.com
Health
Personal Finance
Medical
Retirement
Posted >1 y ago
Responses: 2
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LTC Eugene Chu
..."We put food, gas, medication and hospital bills on it to make sure we’re able to pay for our car and home,” she said.
Harding applied for SSDI in August, but hasn’t heard back yet. The wait is stressful. And a person in the Social Security office had been discouraging."...
..."We put food, gas, medication and hospital bills on it to make sure we’re able to pay for our car and home,” she said.
Harding applied for SSDI in August, but hasn’t heard back yet. The wait is stressful. And a person in the Social Security office had been discouraging."...
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COL Randall C.
Only three months and change? Count on six to seven months before you get a decision.
If anyone else is in a situation like this, go to SSA.GOV and create a "mySocialSecurity" account. You'll be able to keep tabs on the application.
Additionally, if you are even denied a claim for SSDI by the SSA, you should get a lawyer. By law, they are limited to 25% of the backpay you are entitled to up to a $7,500 cap (just was raised from $6,000 this October) and only get paid if you win your appeal (there could be additional fees regarding document copying, etc .. typically less than $200 total).
Small price IMHO to pay someone to navigate the SSA process and represent you if it ever goes to the "before a judge" phase of your appeal (most are concluded before that).
If anyone else is in a situation like this, go to SSA.GOV and create a "mySocialSecurity" account. You'll be able to keep tabs on the application.
Additionally, if you are even denied a claim for SSDI by the SSA, you should get a lawyer. By law, they are limited to 25% of the backpay you are entitled to up to a $7,500 cap (just was raised from $6,000 this October) and only get paid if you win your appeal (there could be additional fees regarding document copying, etc .. typically less than $200 total).
Small price IMHO to pay someone to navigate the SSA process and represent you if it ever goes to the "before a judge" phase of your appeal (most are concluded before that).
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Please read this information regarding Covid
and credit card debt!
and credit card debt!
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