Tag Archives: medicare

The Cost of Dying

Paying For Long Term Care.

Today’s front page article in the San Jose Mercury News is titled “The Cost of Dying.”      The article  talks about the cost and blessing of taking care of a loved one dying a lingering death.

If you are one of the estimated  55 million caregivers now caring for a parent, a spouse, or a child,  you are familiar with the pain and strain of a lingering death.    Costs  that families pay out of their own pockets because Medicare pays only for treatment, not in-home “custodial care.”   Hospice helps, but patients must be judged to be within six months of death and its benefits don’t cover prolonged care.    Private insurance doesn’t cover care, unless the patient has a long term care policy.    Costs that aren’t included in our retirement budgets, but can bankrupt a family.

Resources:

http://www.mercurynews.com/cost-of-dying/ci_22102247/cost-dying-at-home-caregivers-face-challenges-sacrifice

Die Smart Plan For Old Age

What does the health care bill mean for you?

Yes, the proposed health care reform bill is 2,000 pages long.   Yes, Nancy Pelosi expects Congress to vote on this bill this weekend.

If you’ve been wondering what’s in it for you, this article in the Wall Street Journal turns the bill into language mere mortals can understand.

http://online.wsj.com/article/SB10001424052748704795604574519671055918380.html?mod=rss_Today’s_Most_Popular

Of special interest is the language regarding Medicare…and the lack of any language regarding who pays for long term care.