Today, there are several provisions for people with physical disabilities to lead comfortable and dignified lives in every way – physically, mentally, and financially. Insurance is an integral part of financial security for those with disabilities. Once the U.S. Social Security Administration (SSA) qualifies a person as suffering from a disability, individuals can apply for financial benefits for themselves and their families. So, here are some insurance benefits that people with disabilities can avail of:
1. Medicare benefits
Medicare offers many benefits to those with disabilities, and these benefits are usually classified into three parts:
Medicare A: Medicare A covers inpatient hospital costs, hospice care, and a part of home health care. However, it doesn’t cover custodial care, wherein one seeks help with daily activities at home.
Medicare B: This part of Medicare financially reimburses outpatient care and services availed from doctors, physiotherapists, occupational therapists, etc. It also includes coverage for ambulance services and any equipment bought to aid in everyday tasks.
Medicare D: Medicare D is available to all individuals – even those who do not have a disability – and covers prescription treatments.
2. Social Security Disability Insurance
The SSA offers Social Security Disability Insurance, which provides monthly financial help to those incapacitated by a disability. To qualify, a person should be diagnosed with a long-term disability that prevents them from continuing with their work. The insurance also provides benefits to the person’s immediate family members in the event of the person’s death due to the disability.
3. Ticket to Work Program
The Ticket to Work Program is another initiative by the SSA, which ensures that those with a disability can get back to work and become financially independent while continuing to receive all the disability benefits.
4. Medicaid
Unlike Medicare, Medicaid only provides health insurance coverage to those below 65 years of age and who have certain disabilities. However, Medicaid offers health insurance to those with end-stage renal disease regardless of their age. It allows one to opt for free or subsidized health services and long-term assistance if the person is incapacitated by a disability. Those availing of Medicaid benefits should be below the poverty line or receive Supplemental Security Income. Alternatively, they should be staying in a nursing or care home for those with disabilities.
