Financial
Mesothelioma Financial Support
The inability to work, compounded by the cost of treatment and support, can be very taxing on families of mesothelioma patients, on top of the stress and pain of the illness itself.
Some important topics that you should address include:
- The need for family openness in discussing and finding solutions to financial matters.
- The importance of practicing basic financial planning, which includes making a budget, including new expenses and taking loss of income into account, and monitoring cash flow.
- The need for all adults to have a will and other essential paperwork in place.
Mesothelioma victims may need assistance from the following:
- Licensed Certified Financial Planners – can help with managing and structuring your money.
- Hospital Billing Representatives – can help with insurance questions and issues.
- Insurance Agents/Specialists – can provide assistance on insurance coverage issues.
- Bankers and Bank Trust/Loan Officers – may be able to lend money.
- Social Security/Medicare/Medicaid Representatives – may assist in providing additional sources of income, and covering certain hospital payments or prescription costs.
- Attorneys – can often recover significant compensation due to asbestos involvement, help draft a will, and prepare health care powers of attorney and other important documents.
