Did you know that many medicare recipients would have to choose between medication and housing costs or even food, if they had a serious medical condition? Healthcare costs is a large contributor to bankruptcy filing in the elderly.

Could your parents (or you) afford medication that cost 10, 15, 20 thousand dollars or more annually to treat a serious medical condition? Me either.

The PAN Foundation is a 501(c)(3) non-profit organization that provides assistance to over 200 thousand people a year. They offer grants to subsidize prescription medication costs for 70 different diseases.

Listen to today's episode to find out:

• who qualifies for a grant
• how to apply
• what you can do to decrease out of pocket expenses
• where you can find assistance to figure these things out

Resources:

National Council on Aging

benefitscheckup.org

Download the app FundFinder to help you find financial assistance from charitable organizations