The end-of-life care offered by Central Wyoming Hospice & Transitions is paid for by Medicare Hospice Benefit, Medicaid Hospice Benefit, and most private insurers. If a person does not have coverage through Medicare, Medicaid or a private insurance company, Central Wyoming Hospice & Transitions will work with the person and their family to ensure needed services can be provided. No one is ever turned away from our services because of inability to pay.
If you are covered by Medicare and Medicaid, Hospice benefits are provided on a per day (per diem) basis to the hospice provider. This benefit is all inclusive. What this means to you—the patient—is that all treatment, care, medications, and durable medical equipment related to your hospice diagnosis are included and there is no charge to you. While Medicare and Medicaid allow a $5/day copay, Central Wyoming Hospice & Transitions chose to waive that fee.
Medicare/Medicaid (and most private insurers) will pay all costs for the following services related to the terminal diagnosis:
Do you have a Medicare supplement or long-term care insurance policy? Are you under the impression that these will cover all of the cost of inpatient hospice care should the need arise? There are certain costs that are not paid for by Medicare, Medicare supplemental insurance or many long term care insurance policies. It is important to know this before the need arises. The costs most typically NOT covered include:
Check with your provider to see what is and isn’t covered under your plan.
Planning for hospice care should be a part of your overall financial plan, including emergency medical situations. The unfortunate truth is that most people prepare for medical emergencies, but not the cost of end-of-life care. If you don’t start the process early, it can put stress and a financial burden on you and your family.
Following these steps can provide you with some peace of mind, and help identify your preparedness for end-of-life care. Keep in mind that you will never be asked to leave hospice simply because you cannot continue to pay for your care.
Central Wyoming Hospice & Transitions (CWHTP) depends upon donations from individuals and businesses, as well as grants and fundraisers to offset the ever increasing gap between third party reimbursements and the actual costs of providing services.