Navigating Medical Financial Hardship

Medical debt can sometimes feel overwhelming. These tips can help make doctors’ bills and other healthcare-related expenses more manageable.

• What to Do When Facing Unplanned Expenses
• The Dos and Don’ts of Planning for Medical Payments
• Financing Medical Expenses: Tips for Saving on Health Care Costs
• Getting Debt Under Control

The following resources can help provide guidance following the death of a loved one.

• Coping with a Death in the Family
• An After-Death Checklist
• Questions to Ask When Planning a Funeral
• Understanding Funeral Costs After the Death of a Family Member
• What To Know About Prepaid Funeral Plans and Costs

Even though health problems and medical expenses can seem overwhelming, you’re not alone. Regions bankers are available to help every step of the way, from helping you navigate the financial impact of medical bills to reviewing your financial plan. Here are some things to discuss with your banker:

• Planning for gaps in income
• Managing new and existing debt
• Automating bill payments and reviewing authorized signers
• Gathering documents and account details
• Updating your current estate plan
• Establishing a medical emergency fund

Get informed about rights helping protect you from surprise medical bills, understand costs before receiving health care, and learn how to navigate payment disagreements between providers, facilities, and health plans.

Navigating complicated financial matters is no easy feat. In this podcast, recorded before a live audience in Tampa, Florida, Stephanie Stanfield, SVP and West Florida Area Wealth Executive at Regions Bank, discusses how to prepare for the unexpected and take control when medical hardships arise.

Estate and legacy planning can be tough, but both are important as you plan ahead for and with your loved ones. Explore these resources to learn more.

• Your Guide to Long-Term Care Insurance
• How to Create a Will: 7 Tips
• Estate Planning Basics
• Financial Planning For Women: How to Be Present, Proactive and Prepared for the Unexpected
• Discussing Estate Planning with Aging Parents Podcast

Your financial plan may look very different than it did prior to your diagnosis. These worksheets can help you organize your information prior to meeting with a banker.

This checklist can help make matters of paperwork less complicated for your loved ones. Included are instructions for funeral and burial plans, locations of important documents and assets, contact information of attorneys and other relevant advisors, and financial and insurance information your loved ones will need.

Losing your spouse is an emotionally devastating experience. This checklist provides considerations and items that should be reviewed after such a loss, including initial tasks, tasks to be completed within six months, and tasks to be completed within one year.