Home » Disability Tax Credit Calms the Threat of Long Term Medical Costs
Disability Tax Credit Calms the Threat of Long Term Medical Costs
In this life, challenges come in all shapes and sizes. From facing a make-or-break point in one’s career to figuring out how to pay for med school for your son or daughter to find that extra, previously unknown bit of inner strength that gets you across the finish line of your first marathon. For some though, life has a different kind of challenge in store: adjusting to the reality of a loved one disabled by illness, accident, or age.
While it’s heartbreaking and life-changing when a loved one is lost, there is at least closure. It may take years to move on, but it is possible. Long-term disability, however, is another matter as the author of a recent article on psychecentral.com writes:
The child or adult who is chronically ill or injured or the elder who is declining into dementia may bear little resemblance to the person pre-illness. The relationship between the person and people in the family, the friend network and the community may change drastically.
We know how to love our beautiful, healthy children. We know to appreciate our parents and grandparents for the unconditional love they provide us daily. What we don’t know so much about is what to do when we wake up one day and the world is different. Those people are different. What we get from them and provide for them is different. We may try and model our response on that of others but, as the author states:
Comparisons to other people’s normal is a setup for disappointment. It’s more helpful to talk to professionals about what is reasonable to expect for your person on his or her particular timeline. Your loved one may never go to Harvard or explore the moon, but he or she will achieve things that matter. It’s something to celebrate when a person who has been terribly injured starts to take interest in life again or when someone who has been unintelligible gains some speech.
Even if we’re able to recalibrate our expectations and learn to love in new and satisfying ways there will still be one component of the new normal that lingers like a bad joke, poking its head into nearly every aspect of daily life: medical expenses.
Mostly everyone is prepared to go the extra mile financially for a loved one. But what happens when that’s not enough? This aspect of dealing with the long-term disabled is regularly cited by families as the most vexing aspect of the new reality. It’s also the one with the greatest destructive potential, as evidenced by the fact that medical bills are responsible for the majority of personal bankruptcies.
The Disability Tax Credit Helps Families Struggling With Long-Term Disability
The Disability Tax Credit was created specifically to help alleviate the financial distress experienced by individuals and families dealing with the long-term cost of disability. It has proven itself a lifesaver for many of Canada’s disabled citizens. However, whereas many government assistance programs are over-subscribed, nearly 50% of those eligible for the Disability Tax Credit are not taking advantage of it.
Some of these folks are simply not aware the program exists. Others get incorrect advice from friends, relatives, and medical professionals who, well-meaning though they may be, are not fully versed in the program’s eligibility requirements. Others have found the process of applying to be so confusing they simply gave up, and still, others who applied on their own were denied benefits rightfully theirs.
Help is at Hand: Contact the Team at Disability Credit Canada Today
Whether you are just becoming familiar with the program, have previously been turned down for benefits, or are simply tired of trying to figure out the process yourself, we can help. We’re Disability Credit Canada and we make it our business to make certain you get the full benefits you’re entitled to under the law. Don’t spend another day worrying over where the money is going to come from to pay medical bills incurred by a disabled loved one. Call Disability Credit Canada today at 1-855-765-4458 and put us to work on your case. You may be eligible for $40,000 in annual assistance so don’t delay. Call today.