Financial challenges often accompany serious illness and caregiving. As you enter a period financial caregiving, it is important to know about resources that are available to you so that you be organized and take on any challenges that occur, like medical debt.
There are many sources of financial support, such as private insurance, Medicare, Medicaid, and other governmental and private programs. CaringInfo is here to help you understand this important part of caring for someone.
In this section, you will learn about:
- How to Provide Financial Caregiving
- How to Manage Medical Debt During Serious Illness and Caregiving
- Medicaid and Caregiving in Your State
- Medicare Coverage of Serious Illness and End-of-Life Care
- Protecting Those Under Your Care from Financial Scammers (and What to Do If They Have Already Been Victimized)
What Is Financial Caregiving?
Financial caregiving is a relatively new term describing everything from paying the occasional bill for someone to entirely managing their finances. It is very common for caregivers to begin with taking care of simple personal matters, but transition into providing financial care over time. CaringInfo provides resources for understanding financial caregiving and the pitfalls to avoid.
Learn about:
- What is Financial Caregiving?
- How Do I Start Managing Someone Else’s Finances?
- Does Financial Caregiving Need to Be a Legal Arrangement
- If I Give Financial Care, What Obligations or Liability Do I Have?
- How Can I Help Protect Those in My Care from Financial Scams?
- What Should I Do If My Identity Has Been Stolen?
How Can I Manage Medical Debt?
Medical debt is a common circumstance for many people. CaringInfo will help you get the information you need to make the best choices for your circumstances.
How Does Medicare Help with Serious Illness?
People are often not aware of all the benefits that Medicare offers. There are programs for hospice, for community-based care for the elderly (PACE), and even help with costs for drugs and treatments. Take some time to see what benefits would help you.
How Does Medicaid Help with Serious Illness?
Medicaid is an assistance program at the state and federal level that provides health coverage if you have a very low income regardless of age. Medicaid is administered and operated by states, according to federal requirements, and each state’s program is a little different depending on the needs and goals of that state.
