How Much Does Hospice Cost?

How Much Does Hospice Cost?



as the oldest largest and only nonprofit hospice in Southern Nevada people often ask us how much will Hospice cost people are often uncomfortable talking about end-of-life care and especially the costs associated with it however when it comes time for hospice the cost of care is not what you or your loved ones need to focus on Hospice costs vary depending on the amount of time and type of care needed but the good news is that most of the time hospice care is completely covered by Medicare and most major insurers in this video we will explain what costs are involved with hospice care I'm John wood chief financial officer Nathan Allison Hospice I've been CFO here since 2015 have worked in hospice for ten years and healthcare finance for over 20 does insurance cover hospice hospice providers accept Medicare Medicaid va and many other major insurance plans most of the time hospice care will be fully covered in fact in 2017 ninety-six percent of Nathan Allison hospices patients were 100% covered by their insurance a full list of the private insurance plans we accept can be found on our website at the link below how much will hospice care cost the answer may surprise you but hospice care costs substantially less than the typical cycle of repeated hospital visits and stays caused by long-term illnesses Medicare patients are fully covered for all hospice services related to their terminal illnesses and have no out-of-pocket expenses prescription medications related to a hospice diagnosis are also covered at no cost to the patient private insurance plans often cover hospice services through a specific hospice benefit sometimes a language under the insurance plan can be confusing our staff is happy to help you review your plans coverage by calling 702 seven three three zero three two zero what if you don't have insurance a hospice admissions coordinator will help you determine your eligibility for Medicare Medicaid and private insurance benefits and assist you in finding additional resources for you and your family additionally community-based hospices such as Nathan Adelson hospice often have foundations that can help you cover the cost not covered under private insurance plans you can learn more about the Nathan Allison Hospice Foundation on our website by clicking the link below the Nathan Allison hospice our mission is clear not only should end the journey of life alone afraid or in pain we serve all in our community with dignity and comfort if Medicare or other insurance plans will not cover the full cost of hospice care the generous and compassionate support of individuals and corporations to the Nathan Allison Hospice Foundation often allows us to offer end-of-life care support for those without insurance or the ability to pay if you want to learn more about costs associated with hospice care click the link below for an in-depth article we understand this is a vulnerable time for you and your family and it can be difficult and confusing we urge everyone to plan for end-of-life as much as you would for the beginning it's never too early to start deciding for tomorrow today for more help with advance care planning visit deciding tomorrow today org or watch the video at the link we're here to help you you can speak to one of our representatives to schedule a consultation thank you for watching don't forget to subscribe to our channel as we're always posting new information you

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