Many individuals are not aware of the financial assistance options available to them during the coronavirus pandemic.
A recent survey from Credit Karma found that 80% of unemployed Americans haven’t pursued relief measures, reports CNBC.
For the survey, the website polled 1,037 adults in April about the relief options available to them from the federal government during the pandemic.
While many people are aware of the stimulus checks from the CARES Act which are still being issued this month, there are other ways to access financial help during this time. These are some of the options that might still be available to you.
Some individuals who are out-of-work may be eligible for two weeks of paid leave through the Families First Coronavirus Response Act. The bill grants full pay to individuals who qualify for various reasons, including the inability to work because:
—you are under a stay-home order;
—you are exhibiting coronavirus symptoms and are seeking a diagnosis; and
—you must care for a child whose school or daycare is closed amid the pandemic.
Individuals caring for a sick family member may also qualify for a portion of pay through the act.
Utility bill relief
Several utility companies like Con Edison are suspending service disconnections during the turbulent time of the pandemic. Check with your provider about what other relief options may be available, such as setting up payment plans or waiving late fees. Additionally, the Department of Housing and Urban Development outlines programs for relief during coronavirus.
Health insurance extensions
Some unemployed individuals without health coverage may be able to obtain insurance if their state is holding ACA special enrollments. Refer to AARP, which is continually updating a running list of states offering extensions on their health exchanges. You can also check if you ad your family qualify for Medicaid by using the Healthcare.gov calculator.