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Fear of Income Loss After an Injury: 5 Steps You Should Take

Fear of Income Loss After an Injury: 5 Steps You Should Take

Published by Programme B

If you have been injured seriously, there is no doubt you will be overwhelmed with so many decisions that you will need to make. It will prove to be so helpful if you make a list of the things you need to address and you will later cross them one by one as you address each one of them. 

Regardless of the injury you will have, you will always have to pay close attention to your finances as they play a major role in your life. In this article, you will enlighten yourself on some of the important steps you may have to take regarding your income when you are injured. 

1. Use the short-term disability to your advantage 

If your employer provides you with insurance and the injury that you are suffering from causes you to miss out on work, take the shortest time possible and submit your claim for short-term disability cover. 

Furthermore, disability insurance will help you protect your finances if you are unable to work. However, keep in mind that it may not make up for all the income you lost, but it will be a good start. If you’re in need of long term benefits, it might be best for you to go here and see what is available.

2. Ask around for help with your medical bills 

If you are not covered by medical insurance and you are injured, contact the doctors and the hospital offices without wasting time. Some hospitals provide their patients with financial help and payment plans. 

Moreover, some hospitals may take a step further and decide to forgive your debt depending on what you earn. Besides having a good insurance cover, some medical expenses are always not covered. 

In this case, maintain close communication with medical providers as they may come in handy and help you offset unpaid bills usually sent to collection agencies that may damage your credit. 

3. Consider hiring a personal injury lawyer 

It may be necessary to hire a personal injury lawyer such as Szakacs Personal Injury lawyers if you wish to sue for damages as a result of the injuries you have. Experts suggest that hiring a personal injury lawyer could be your only option recoup your medical expenses after an accident. 

If you have severe injuries that will make you go for medical care, be sure that these costs can quickly add up. Hiring a personal injury lawyer will be the best thing to do as they will explain everything to you. 

4. Be sure to ask for help 

You may have trouble remembering things and keeping track of details if you find yourself in such a situation. Ask a family member or someone you trust to help you organize your bills. You can consider making your bill automatic payment to don’t overlook any pending bills. 

5. Don’t rush into decisions 

You may get tired of dealing with bills, hospitals and insurance claims. You may want all these to be over to go back to living your normal life. Don’t rush to sign anything without having consulted your lawyer first 

Final thoughts Injuries happen anytime and have become part of our daily lives, so it is advisable to prepare for when that time comes. However, you might have a few questions to ask the doctor for some clarification.


Photo by Artūras Kokorevas from Pexels