If you elect for hospice under Medicare and most insurances, the expense of your prescription medications will be completely covered. This is blessing for patients with high copays or limited prescription coverage. Hospices will also cover the expense of limited laboratory testing, office visits, radiation treatments, transfusions, etc, as long as they are done with the intent of palliating symptoms. If a patient is still pursuing active treatment, or needs a higher level of care, they can opt out of hospice at any time.