I have schizophrenia and have been on SSDI since 1998. The medication I take costs $2,500 per month and Medicare takes care of that. Should I take the good job for $50,000 annual income and give up Medicare and prescription benefits. Right now I have an annual imcome of $16,000. What should I do?
2007-05-28 18:36:51 · 7 answers · asked by MissKathleen 6 in Health ➔ Mental Health
I would say try it! Even if you have to pay all your medicine costs until your medical insurance kicks in, you'd have $5000 more per year than you have now. It's not a lot, but of course that wouldn't be for that long. Not to mention how great a job like that would be for your self-esteem.
Since giving up your SSDI for the new job is scary, you should talk to your counselor about this. They will probably be able to help you with your meds until your benefits kick in, and if the job does not work out, quickly get you back on your SSDI. It sounds like a great opportunity for your life.
2007-05-28 18:57:09 · answer #1 · answered by Jeanne B 7 · 0⤊ 0⤋
Do your sums very carefully. Consider tax (is medication a tax deduction?), superannuation/retirement investments, and other deductions, like health insurance, the cost of travel, lunch? etc. Could you work part time, and be better off financially? You can derive many of the psychological benefits of work, from volunteering, even from home. See http://www.ezy-build.net.nz/~shaneris on page 2. Get this one right! What if you lost your job? Homeless in a month?
2007-05-28 18:59:31 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Your medication alone would be $30,000 a year, so you would have $20,000 left over for the year and you would also have to pay doctor's bills out of that. I don't think that it would benefit you to give up the SSDI.
2007-05-28 18:58:56 · answer #3 · answered by missmisschief 3 · 0⤊ 0⤋
Keep your SSDI and go out and Volunteer in your Community for activities to keep you mentally stimulated and healthy.
With this comes no stress of a regular day job, no worries about paying for your medications, no commitments, and self satisfaction for helping others.
2007-05-28 19:48:38 · answer #4 · answered by ♥ G ♥ 6 · 1⤊ 0⤋
What meds are you on? Why do they cost so much? What are some of your symptoms?
I would take the job if you can handle it. Sitting in your room all day sucks :( I don't know if you are doing that, but that's what I did sadly..and I wasted a lot of time I can't get back.
2007-05-28 18:51:54 · answer #5 · answered by alexk 2 · 0⤊ 0⤋
Stay with SSI.
2007-05-28 18:47:02 · answer #6 · answered by Anonymous · 0⤊ 0⤋
do wats right
2007-05-28 18:40:07 · answer #7 · answered by Anonymous · 0⤊ 0⤋