As you determine how to provide end-of-life care for your loved one, it's important to have his or her legal documents accessible, including a living will and power of attorney (POA), in order to move the process forward as smoothly as possible.
End-of-Life Care Financing
- Government Insurance – Insurance including Medicare and Medicaid is important in funding end-of-life care. Medicare covers individuals ages 65 and older, and Medicaid covers those of any age with limited financial resources.
- Long-Term Care Insurance – Another way of funding end-of-life care is through long-term care insurance, which may include policies that provide more benefits or resources than government insurance does.
- Personal Funds – Personal funds are often needed to help cover medical bills and care payments. If necessary, consider where the money can be taken from ahead of time, whether from investments, Social Security or retirement funds.
End-of-Life Care Resources
Medicare Rights Center
Hospice Foundation of America
National Hospice and Palliative Care Organization