Planning for Health Care
No one really plans to get sick or experience a health-related family crisis. Long term planning can help ensure that you and your family have the resources needed to cover costs and other needs related to health-related care. If you plan for financing long term care, you will also have more options about the type of care you and your loved ones receive. A good first step is to write down your wishes for your health-related care in a health care directive.
If you suddenly find yourself in a caretaker role for someone you love, you most likely will be faced with lots of questions and tasks that need to be accomplished. It helps to have access to additional resources, tools, and insight from other families going through the same situation.
The following resources will help you better manage medical debt through long term planning, create a health care directive, and more.
Health Insurance Definitions — Consumers need to understand insurance terms to be smarter about their health insurance dollars. Transcript and audio (2:06)
Considerations in Choosing a Health Insurance Plan — Comparison shopping can save you dollars; this is even more important in looking at the various health insurance plans to choose from. Transcript and audio (1:58)
Minnesota Health Care Directive — One step for planning ahead though is to complete a health care directive, sometimes labeled a living will or durable power of attorney for health care. Transcript and audio (1:57)
Health Care Directives Workshop — Arrange for us to come and teach on this important topic. Excellent resource for employee groups, community organizations, and more.
HIPAA and Health Care Privacy — The Health Insurance Portability and Accountability Act of 1996 guides health care providers in determining who they can share your information with. Transcript and audio (1:46)
Dealing with Medical Debt — Helpful advice about dealing with medical debt. Transcript and audio (1:36)
Other Recommended Resources
Across Generations: Dealing with Life Transitions — Advice on how to evaluate, set goals, and share your plans with others.
Are Consumers Vulnerable to Low-Knowledge of Long Term Care? — Journal article that reviews consumers' knowledge of long-term care. Written by Amanda E. Matzek and UMN Extension Specialist, Marlene S. Stum; featured in Family & Consumer Sciences Research Journal.
Caregiving — Are you in a caretaker role? Get resources, tools, and insight here.Healthy Futures — You never know exactly what's going to happen down the road, but you can take steps to protect your health.
Use Your Home to Stay at Home — National Council on Aging — This is the official reverse mortgage consumer booklet approved by the U.S. Department of Housing & Urban Development.
Financing Long Term Care: Insurance & Its Alternatives — Utah State University Cooperative Extension — Reviews long term care options, costs, insurance, and other resources.