Hey there! 👋 Let's talk about something that might not be the most exciting topic, but is super important for your future - medical directives. We know, it sounds a bit intimidating, but stick with us! We'll break it down and show you why it matters for your financial wellbeing.
What Are Medical Directives Anyway? 🤔
Think of medical directives as your healthcare game plan. They're legal documents that spell out your wishes for medical care if you can't speak for yourself. The main players are:
• Living wills
• Healthcare power of attorney
• HIPAA authorization forms
These documents make sure your voice is heard, even when you can't use it. Pretty powerful stuff!
Why Should You Care? 💡
Medical directives aren't just about healthcare. They're also about protecting your money and your loved ones. Here's how:
1. They can save your savings from unnecessary medical costs
2. They prevent family disagreements that could drain your bank account
3. They make sure your retirement fund is used the way you want
4. They keep you in control of your finances, even when you're not well
The University Legal Plan: Your Secret Weapon 🛡️
Good news! As a university employee, you might have a super helpful tool at your fingertips - the University Legal Plan. Here's what you need to know:
1. Check if you're enrolled (it's usually part of your benefits package)
2. If you're not enrolled, think about signing up during the next Open Enrollment
3. Once you're in, you can get help creating these important documents at no extra cost
It's like having a legal expert in your back pocket!
Making It Happen: Your To-Do List ✅
Alright, let's get practical. Here's your game plan:
1. Right Now:
o Check if you're enrolled in the University Legal Plan
o If not, mark your calendar for the next University of Michigan Open Enrollmentwhich is from October 21, 2024, through 5 p.m. on November 1, 2024.
2. This Month:
o If you're enrolled, call the Legal Plan to set up an appointment
o Start thinking about who you'd trust to make decisions for you
3. This Year:
o Get those medical directives done!
o Share your wishes with your family (it might be a bit awkward, but it's important)
o Put a reminder in your phone to review these documents every year
Wrapping It Up 🎁
We know this isn't the most fun topic, but trust us - future you will be so grateful you took care of it. Medical directives are like a gift to yourself and your loved ones. They give you control, save money, and provide peace of mind.
Remember, your Provizr team is always here to chat about how these decisions fit into your overall financial game plan. We may not be legal experts, but we know a thing or two about building a secure financial future!
Ready to take the next step? Give us a call or shoot us an email. Let's make sure your healthcare wishes and your financial dreams are working hand in hand. You've got this, and we've got your back! 💪