Home Health Informed Consumers Act of 1987 - Amends title XVIII (Medicare) of the Social Security Act to require the publication, distribution, and periodic revision of a booklet informing current and potential consumers of home health services regarding Medicare coverage of such services. Requires that such booklet include a description of the: (1) process for the review and appeal of coverage denials; and (2) guidelines applied in determining whether an individual is homebound and whether he or she needs skilled nursing care on an intermittent basis. Requires that such booklet be published and distributed within one year of this Act's enactment.