Advance directives help reduce healthcare costs at the end of life by avoiding aggressive treatment, but that’s not the most compelling argument for them. It’s not enough to reduce what we spend on aggressive treatment at the end of life; we also need to spend those resources in better ways.
Let’s make sure that when people like her forgo costly treatment at the end of life, they get something in return.
Health care costs will likely be your biggest retirement expense. For older adults, saving for retirement is only a start. Having enough financial resources and flexibility to live in retirement, PLUS cover expected health care costs as you grow older is a completely different planning equation. Everyone will have a unique plan for aging. But […]
via Aging Plan? Medicare Facts & Figures — Home Care Partners