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According to the National Autism Association, nearly one-third of all families with a child or adult with special needs are living in poverty. For these families, the financial challenges associated with caring for someone with special needs can be overwhelming and, at times, insurmountable. We’ll take a look at why many special needs families find themselves in financial hardship and where they can turn to for help.
The Cost of Caring for Someone With Special Needs
The cost of caring for someone with special needs is often much higher than most people realize. From specialized equipment and therapies to medical bills and transportation costs, it’s not uncommon for families to spend thousands of dollars each year just to keep their loved ones safe and healthy. This cost can take a toll on even the well-off family’s finances – but it’s an especially heavy burden for those already struggling financially.
Where Can Special Needs Families Find Help
Fortunately, there are resources available that can help special needs families manage their expenses.
Several programs in place to support families with special needs members. For example, the Supplemental Security Income (SSI) program helps pay for basic necessities such as food, shelter, and clothing.
The Social Security Disability Insurance (SSDI) program provides cash benefits to those unable to work due to their disability. In addition, the federal government also offers tax credits such as the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC).
These credits can help ease some of the financial burden associated with caring for a family member with special needs.
In addition to government assistance programs, many non-profit organizations support families with special needs members.
Many of these organizations offer financial assistance or grants that can help cover necessary expenses such as medical bills or housing costs. Many non-profit organizations provide resources such as counseling services or support groups so parents of children with special needs can connect with others in similar situations.
Private Funding Sources
Finally, private funding sources can also be an option when looking for help for families with special needs members. Private foundations often have grants available specifically designed to assist individuals or families facing certain hardships due to disabilities or chronic illnesses.
Some employers may offer emergency funds or workplace discounts on products or services specifically designed to assist those facing financial hardship due to disabilities or chronic illnesses. Scholarships may also be available from private sources if your child is attending college or other postsecondary education program related to their disability.
What Is The Future Of Helping Special Needs Families
More must be done to ensure that all individuals and families have access to necessary services regardless of income level.
Fortunately, there has been an increased focus on providing support services within communities and increased awareness about the importance of affordable housing options for those living on limited incomes due to disabilities or health issues.
The future looks bright for families dealing with the financial burden of providing care for someone with special needs. The US Department of Health and Human Services recently announced plans to reallocate $750 million over five years from its existing budget in order to fund initiatives aimed at helping individuals living with disabilities become more independent and able to care for themselves without relying on their family members or caregivers.
This is great news as it will provide much needed relief for those struggling financially due to caring for someone with special needs.
Caring for someone with special needs can be expensive but it doesn’t have to be an insurmountable burden for low-income households. With increased focus on community supports and expanded eligibility requirements for government programs like Medicaid waivers and SSI payments, more people will have access to the assistance they need when caring for a loved one with special needs—now and in the future.
By making sure all individuals have access to essential caregiving services regardless of income level. We can ensure that everyone has the chance to receive quality care while still having enough money left over from month-to-month expenses such as groceries or rent payments. Without going into debt trying to cover medical bills.
It’s time we make sure every family has what they need—and deserve—to provide quality caregiving services without fear of financial ruin due to skyrocketing medical costs associated with disabilities or health issues!