Hospice generally costs less than most other types of care for a number of reasons. It usually involves less technical equipment and fewer medical procedures than other nursing care, the patient is often cared for at home instead of in a hospital, and patients need only pay for the services they require. Still, hospice care can cost several thousand dollars — and much more if needed for more than a few months. A typical range for cost paid out of pocket is about $150 per day for a few hours of care at home to $650 daily for constant care in a facility.
While each provider has its own payment policies, it is a common hospice principle to offer services based upon need rather than the ability to pay. While hospice care is a covered benefit under many insurance plans, and Medicare and Medi-Cal may also cover its cost, hospices also rely heavily upon community support for donations to provide care to those who need financial help.
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