Healthy Living

A Caregiver's Guide to Lupus

Learn to manage everyday life

There may come a time when you are involved in maintaining your loved one’s finances. Look for current assets like cash and property, and recurring bills to complete a whole financial picture. It’s important to understand financial changes that come about due to increased medical costs.

Work with your loved one to collect information and documents. Make sure you know where assets, bills bank statement, loans, tax information, property deeds, and investments are filed.

Use a spreadsheet or Mint or some other type of off-the-shelf software to manage expenses.

Get a power of attorney documents signed and notarized and make sure you have a DNR in case something happens. With a durable power of attorney for health care, you can make medical decisions about your loved one.

Make sure you are familiar with the insurance policies held by your patient. Health insurance should cover all medical and surgical expenses. Review the health policy together and have access to policy numbers, claim forms, and contact information. Keep a listing of all out-of-pocket costs and insurance premium costs for tax purposes.

Understand Medicare coverage and become familiar with what Medicare covers, the claims process, and supplemental insurance plans. Learn about social security disability options. Apply any and all information to your patient’s file so you can guide them through tricky processes with insurance and payments.