Making a budget that works for you
Financial planning isn't always easy, but if it's an option for you, here are some ways to plan ahead:
If you work for a company that offers a 401(k), take advantage of it. If not, there are plenty of other ways to save and invest your money. You may want to look into a certificate of deposit (CD) and other similar types of investments.
Making the most of government programs
If you’re finding it tough to make ends meet because of limitations from cystic fibrosis, it’s worth it to look into Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI). These programs provide monthly income to people with disabilities that make it difficult or impossible to work enough to make enough money to live on.
Medical expenses can be a big part of your financial life, which makes understanding your insurance plan essential knowledge. While you may be familiar with things like co-pays, deductibles, and premiums, here are some tips to help you make the most of your plan.
When in doubt, call for help
There are many people and organizations that can help you understand your insurance plan and its requirements. If you need help, try reaching out to:
Making changes to your plan: When the time comes to change your plan there are a few things to keep in mind.
- Do your homework. Understand the details of the new plan before you enroll.
- Remember that every plan is different. Just because your old plan covered certain prescriptions and visits doesn’t mean that your new one will do the same.
- Ask questions. The only way to find out the answers you need is to ask. Some questions to get you started include:
- When does coverage begin and end?
- Are my current/preferred doctors, specialists, CF Center, emergency care, and hospitals covered or considered in-network?
- Are my prescriptions covered?
- Does the plan cover generic and brand-name prescriptions?
- Are any prior authorizations needed? What are the requirements?