Most people who use hospice care are over age 65 and are entitled to the Medicare Hospice Benefit. This benefit covers virtually all hospice services and requires little, if any, out-of-pocket costs. This means that there are no financial burdens incurred by the family, in sharp contrast to the huge financial expenses at the end of life which are incurred when hospice is not used. Hospice services are also provided by Medicaid and most insurance companies.
Medicaid is an assistance program funded jointly by the federal and state governments and administered by individual states. Medicaid sends payments directly to your health care providers.