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Finances

Palliative care services are normally funded by the government. However, there may be other costs you need to consider.

Talk to your GP about any charges and any costs associated with home visits. Medications are normally paid for by the person. Talk to the GP or service about the availability of PBS items. You could also check if your health insurance will cover any costs.

It may also be necessary to buy or hire equipment such as a walker or raised toilet seat. There are programs that may be able to help with the costs of such items. It is important to be able to talk about any costs with those who are providing care. This will help you make the most appropriate decisions.

Check to see that arangements are in place to manage finances. A power of attorney will ensure that money can continue to be managed.

Your will takes effect when you die. It ensures that your belonging and assets are disitributed in the way you that you would wish.
 

Helpful Resources

The Department of Human Services has a number of supports that you may be able to access depending on your circumstances. This includes financial assistance for carers and financial assistance for the person needing care. There are also differences in payment rates and conditions between the Carer Payment and the Age Pension.

MyAgedCare has information on planning for end of life that includes financial matters.

The Better Health Channel provides advice on Financial considerations for end of life.

A Financial Planning Video from Carer Gateway provides useful advice as well.

ASIC's Money Smart provides advice on wills and power of attorney processes.
 

Page updated 11 October 2017