When it comes to the part of your financial plan related to health, things such as insurance premiums and copays might be what come to mind. These expenses are important. However, according to certified financial planner and physician Carolyn McClanahan, founder of Life Planning Partners in Jacksonville, Florida, your health…
Articles Posted in Healthcare
What Is Hospice Care at Home? (Part 2)
Last week I began writing about what hospice care is, who can benefit from it, and when this type of care is recommended. Today I will continue on this topic, including who makes up a hospice care team, who pays for hospice home care, and determining if in-home hospice is…
What Is Hospice Care at Home? (Part 1)
Hospice care is a type of health care for those with terminally ill conditions as they near the end of their lives. The focus of hospice care is on the management of pain as well as emotional, spiritual, and familial support for the patient. For patients receiving hospice care, there…
States Cannot Terminate Medicaid Benefits During the Coronavirus Pandemic
A provision in a recent coronavirus relief package prevents states from terminating Medicaid benefits during the pandemic. The Families First Coronavirus Response Act (“CV Response Act”) was signed into law on March 18, 2020 and prevents states from terminating any Medicaid recipients who were enrolled in Medicaid on or after…
They Say Hold Your Loved Ones Close, But What Happens When You Can’t – Long Term Care Facilities’ Restrictive and Unclear Visitor Policies in the Wake of COVID-19
The Center for Disease Control and Prevention (“CDC”) and the Illinois Department of Health (“IDPH”) have set guidelines for healthcare facilities, including nursing homes, and other long-term care facilities amidst the current COVID-19 pandemic we are experiencing. These guidelines include visitor restrictions for the facilities. In a nutshell, if you…
Advanced Health Directives and the Healthcare Surrogate Act
Our firm is always stressing the need for Healthcare Powers of Attorney and Living Wills which are examples of healthcare directives. Remember, that the Healthcare Power of Attorney is a document that names an agent to make healthcare decisions for you should you lack capacity to make those choices. It…