Monday, September 16, 2013

Boston Marathon Charity Funds Pose New Challenges for Victims

Boston Marathon Charity Funds Pose New Challenges for Victims - Brian Feldman - The Atlantic Wire:
"Two victims of the Boston marathon bombing, J.P. and Paul Norden, were each awarded $1.2 million dollars from the One Fund, but they are wary to spend it.

....Technically becoming a millionaire overnight has brought its own of complications for their recovery. For instance:
The payments are tax-free, but they will force the Norden brothers off the state health insurance program for the poor. 
At the end of the year, they must begin buying their own medical insurance.
Coverage for prosthetics varies from policy to policy, but doctors and prosthetists agree that the lifetime cost of a new limb — especially for Paul Norden — easily could be more than the Norden brothers were awarded.
The devices, which wear out, must be replaced every few years and regularly maintained."

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