6 Tips for Affording a Medical Procedure During Unemployment

Without employment, most Americans would find it a challenge to pay for medical procedures. Unemployment puts one in an awkward position due to medical insurance schemes needing servicing. Health management can be a challenge if you can’t settle the medical.

Unemployment means that money is no longer coming as before. You’ll need to make wise decisions to manage the medical debt crisis. However, there are ways you can afford a medical procedure after losing your job. Let’s look at seven of these.

1. Don’t Stop Your Medical Procedure

Less money or lack of it means you can’t pay all your bills as you used to. But this does not stop life, and situations that require funds will come. You still need to undergo that medical procedure even when you’re low financially, especially if it’s an issue of saving your life.

And here lies the dilemma. How can you afford payment for a medical procedure after losing your job? First, find ways of proceeding with the medical procedure as before and worry about how to afford it later. Don’t let unemployment mean you’ve reached the end of medical care.

Missing out on medical procedures due to insurance debts is not a good idea. Some medical conditions can worsen if not treated. Roots TMS, for instance, says that, when treated, the TMS condition can be controlled within two weeks.

2. Negotiate Your Medical Debt

Don’t wait; act immediately. Let your insurance provider know you’re out of employment and your money taps have run dry. Discuss a subsidized insurance premium plan or suspension of the premium for some time. This will give you time to get a job or look for alternative sources of income.

A medical billing attorney can help you analyze your medical debts and assist you in how to request a medical debt waiver. Accumulated debts arising from unemployment can lead to terminating your medical procedure unless you find a solution quickly. Unemployment is a good reason to seek medical debt relief, but convincing the provider requires a professional approach.

3. Apply for Bankruptcy

As demoralizing as it may sound, filing for bankruptcy is a good idea, especially after losing a job. It’s a great way to lessen demands on your remaining funds. You lose your insurance when unemployed, but filing for bankruptcy will lessen the burden, keeping creditors off your back for some time.

A bankruptcy attorney can help analyze your debt situation and guide you in filing for bankruptcy. Make your medical procedure the key reason for filing a bankruptcy. But remember, bankruptcy sentences can lead to jail terms if you don’t abide by the court’s ruling. You’ll get a six-month jail term if you fail to abide by the probation rules. Apply for Bankruptcy only if you are ready for the consequences or if it’s the only viable option left.

4. Choose the Right Medical Coverage

There are cheap medical plans you can choose from. These will help you lower the cost of insurance premiums to continue with your medical procedure without interruption. Choosing the right medical cover should be a priority when you are out of employment. Invisalign recommends wearing aligners for at least 22 hours daily, even if you don’t have insurance. If you need to replenish your Invisalign aligners often, it’s critical that you choose the right medical coverage.

5. Get Medicaid Coverage

Medicaid is another option if you’ve run out of employment-based insurance. This plan is designed to help low-income earners or those with disabilities. Your medical procedure needs will be met through this program.

6. Children’s Health Insurance Program – CHIP

Applying for this program ensures you continue with medical procedures during unemployment. Private insurance is expensive. Getting a CHIP cover will help you meet the costs of medical procedures for your child and spouse.

Whatever happens, unemployment shouldn’t be a reason to miss a medical procedure. Some things simply can’t wait until you get the next job, so be sure to use your resources. Best of luck!