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Hospice Coverage

edited December 2024 in Other Investing
Hospice Coverage
Hospice care is palliative (not curative) care for comfort & pain relief for terminal illnesses. The hospice care is under Medicare Part A, but the room & board aren't covered. The care can be at hospice facilities or at-home. Medicaid-eligible trusts (MAPT) may be used with advance planning.
You may have seen the news that the 39th President Jimmy Carter passed away after about 2 years under home hospice care.
https://ybbpersonalfinance.proboards.com/post/306/thread

Comments

  • You may have seen the news that the 39th President Jimmy Carter passed away after about 2 years under home hospice care.
    U.S. stock exchanges will close on Thursday, January 9 in observation of a national day of mourning in honor of former U.S. President Jimmy Carter, who died on Sunday at the age of 100.

    The New York Stock Exchange and the Nasdaq announced the closures on Monday, a customary gesture to honor deceased presidents.

    The Securities Industry and Financial Markets Association has recommended an early close on Jan 9 for the U.S. bond market at 2:00 p.m. ET/1900 GMT.
    https://www.reuters.com/world/us/wall-street-close-jan-9-honor-president-jimmy-carter-2024-12-30/
  • Can anyone tell me or explain why it's so important for the bond market to be open that day? Or any of the days it remains open when the stock market is closed? I've never understood it.
  • Mark said:

    Can anyone tell me or explain why it's so important for the bond market to be open that day? Or any of the days it remains open when the stock market is closed? I've never understood it.

    Probably because much of the world economy is based on Treasuries? *shrug*
  • edited December 2024
    Some are guessing that 30-yr T-Bond auction scheduled for January 9 will not be disrupted by half-day bond market open. Remember that the debt-ceiling kicks in on 1/1/25.
    https://www.forexlive.com/news/sifma-recommends-early-bond-market-close-on-jan-9-for-jimmy-carters-funeral-20241230/
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