Grants to Pay Medical Bills
Healthcare is a right for all. However, there are circumstances which prohibit millions of people to get the medical treatments they require. Financial restraints, unemployment, debt, lack of insurance, etc. create situations where a person is unable to receive the necessary health treatment. This is where financial grants come in place.
Fortunately, there are a number of government and non-profit organizations that provide funds to pay medical bills. These include several private and numerous public organizations. These are incredibly helpful sources that can help the needy to get the required medical treatment by paying their medical bills.
How and Where to Apply for Grants to Pay Medical Bills
You can rack up considerable debt from medical bills surprisingly fast. An accident can happen any time and without warning. This may result in you requiring hospitalization or at least a visit to the emergency room. The costs of medical treatment and medicines have increased enormously in the past several years. If you are uninsured, then this may result in you accumulating significant debt for your medical treatment and hospitalization, apart from the expensive medicines.
Let’s take a closer look at some of the sources where you can apply for grants to pay medical bills:
The Consolidation Omnibus Budget Reconciliation Act, or COBRA for short, is highly recommended for those who have recently lost their insurance cover because of unemployment. This is the federal lay that allows an individual to stay on the health insurance plan provided by their former employer for the duration of 18 months from the date of termination. However, you need to pay the complete premium.
For more information on the specifics of the grant and the eligibility criteria, we recommend you to visit the official website of the US Department of Labor.
Medicaid is a state and federal funded program that provides health coverage to low-income adults, pregnant woman, children, the elderly as well as the disabled. To apply for this grant visit the official website at healthcare.gov/lower-costs and answer three basic questions:
- How many people are in your household? – (This will include yourself, your spouse if you’re married and anyone else you claim as tax dependent currently, even if they might not need the coverage.
- What state do you live in? (Enter the name of the state you live in)
- What is your estimated household income for the current year? (Select the most likely range. If in doubt, pick one at random and check the results before selecting the closest range.
Once you’ve answered the questions correctly simply click on the “Submit” button at the bottom of the form. Instantly, you will get the best ways you can increase savings in your current situation and be able to pay your medical debts successfully.
3. Marketplace Healthcare Insurance
Marketplace healthcare insurance is a government marketplace where you can purchase insurance covers at affordable premiums.
To enroll in the Marketplace health insurance plan, you can apply from 15th February through 15th May, 2021. A special extension has been provided for eligible candidates due to the COVID-19 emergency. If you are eligible for the Special Enrollment Period, due to a life event, such as having a baby, moving, getting married or losing coverage, then you can enroll at any time.
When you buy Marketplace healthcare insurance you will need to pay the policy premiums directly to the insurance company and not to Health Insurance Marketplace. The insurance cover comes in effect as soon as you pay your first premium.
4. Private Healthcare Insurance Plans
Alternately, you can choose to buy a health insurance policy for you and your loved ones from private insurance providers. There are many insurance companies in the private sector that offer health insurance policies at incredibly affordable premiums. Some of these health insurance plans are designed for the low-income and single-parent households.
A simple Google search will provide you with a list of private health insurance providers in your vicinity.
5. Aunt Bertha
Aunt Bertha is an excellent source to find the organization where you have the best chances of successfully getting grants to pay medical bills. It is a social care network plus online database of free or affordable human/social services.
These include the details of every private or government organization that deals in medical or healthcare, food, job training, etc.
Once you access the official website you simply need to type in your ZIP code and click “Submit”. Instantly, you will get a list of welfare programs from various categories, including grants to pay medical bills. If you choose the “help pay for health care” category the database gives you over 280 results.
6. The HealthWell Foundation
The HealthWell Foundation is aimed at reducing financial obstacles to care for under-insured patients with chronic or disabling disorders. The foundation offers grants to pay medical bills, such as cost of prescription drugs, health insurance premiums, deductibles, pediatric treatment costs and travel expenses. The foundation helped the thousands of deserving patients to get necessary medical treatments worth over US$ 600 million in 2019 alone.
To check eligibility, simply visit the Disease Funds page on the official website for HealthWell Foundation and enter your medical condition.
7. The PAN Foundation
The Patient Access Network (PAN) Foundation helps the under-insured people with life-altering, rare and chronic diseases to get the medications and treatments required by providing grants to pay medical bills. This is done with the aim to advocate improved accessibility and affordability of healthcare services for all.
To check if you are eligible for financial assistance to pay medical bills from The PAN Foundation, visit their official website at PanFoundation.org, click on “Get help” option and then select “Apply for Assistance”.
NeedyMeds is a non-profit organization provides grants to people to buy prescription medications and for other medical costs. Besides, they are also an informational database who can guide you to the nearest helpful program.
On the NeedyMeds website, you can search for savings by typing the name of any particular medication or diagnosis.
Healthcare is a universal right for all. Don’t let lack of funds restrain you from getting the best medical and healthcare treatment. We highly recommend you to visit the official website and confirm your eligibility before applying for grants to pay medical bills.