To maintain the link with policy decision-making bodies without impairing its independency and flexibility, HITAP opted for two statuses: a program under IHPP in the Bureau of Policy and Strategy in the Ministry of Public Health and the HITAP Foundation which is the managing body for HITAP.
Many funeral homes offer prepaid services or insurance funded plans. They will be able to make the arrangements irrevocable. Note that in virtually all states it is also possible to fund a burial account in addition to the irrevocable funeral trust. This should be established as a bank account titled John Doe Burial Account owned by the applicant. The account should have a POA and a named beneficiary (Payable on Death or Transfer on Death). The maximum amount that can be held in the account is $2,500. This is in addition to the $2,000 asset limitation for Medicaid applicants.
The cost of a burial without the casket was about $4,265 that same year. For many families, paying between $4,000 to $7,700 or more to bury a family member just isnât feasible. If the burial and funeral costs are out of your budget, hereâs what you need to do: