Financial Issues Associated with Having a Child with Autism
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Data from the Family Experiences with Autism Survey are used to identify factors associated with financial problems in families that have a child with autism. Likelihood of financial problems was positively associated with use of medical interventions, having unreimbursed medical or therapy expenses, and having relatively lower income. Use of speech and language therapy was negatively associated with likelihood of financial problems. Many survey respondents forfeited future financial security and even experienced bankruptcy to provide needed therapy for a child with autism. Specific ways that financial advisors can help families that have a child with autism are outlined.
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- Financial Issues Associated with Having a Child with Autism
Journal of Family and Economic Issues
Volume 28, Issue 2 , pp 247-264
- Cover Date
- Print ISSN
- Online ISSN
- Kluwer Academic Publishers-Plenum Publishers
- Additional Links
- Financial burden
- Special needs planning
- Industry Sectors
- Author Affiliations
- 1. Personal Financial Planning Department, University of Missouri-Columbia, 239 Stanley Hall, Columbia, MO, 65211, USA
- 2. Department of Political Science and Criminal Justice, Washington State University, VMMC 202N, Vancouver, WA, 98686-9600, USA