This isn't health care. We're talking about Nursing Homes. They don't have free dental care either.
Posted on 10/15/2021 11:43:16 PM PDT by Oshkalaboomboom
Almost 150,000 elderly care home residents are being forced to empty their savings to 'prop up the broken care system', new figures show.
Official statistics yesterday laid bare the postcode lottery – with pensioners in the South East nearly twice as likely to pay for their own care as residents in the North East.
Overall, nearly one in three have to pick up the bills for their own care, including thousands who are forced to sell their homes. It is the first time national data showing what proportion of care home residents 'self-fund' has been released by the Office for National Statistics.
The Daily Mail has spent two years campaigning for reform of the broken social care system, which forces dementia patients to fork out billions for their care rather than being supported by the state.
People in England pay the full cost of social care until their assets – including the value of their own homes – fall below £23,250. But last month Boris Johnson announced that an £86,000 cap on lifetime care costs will be introduced in 2023 to reduce the pressure on pensioners to sell their homes to pay their bills.
This will be funded with a 1.25 percentage point tax hike on national insurance and dividends – called the 'health and social care levy'. From 2019 to 2020 143,774 residents paid for all or some of their own care – 37 per cent of the total.
Care homes in the most deprived districts had a smaller proportion of self-funders – 22 per cent compared with 54 per cent in the most affluent areas. And half of residents in care homes for people aged 65 and over were self-funding, compared with 5 per cent of those in homes for younger residents.
(Excerpt) Read more at dailymail.co.uk ...
I have always considered my home to be my backup savings account to be used when I can no longer afford to care for myself and only passed on if it happens to be left over when I die. Anything else would be stealing from others. That law firm showed that in America only chumps did that and now in Britain the government wants to make sure you are your brother's keeper whether you like it or not. They don't even mention any type of plan where the state sells your home after you die to recoup some of the costs. I guess they have to toss the next generation some kind of bone to make up for all of the debt they will be paying off thanks to runaway government spending.
This is exactly why Sleepy46 wants to take over our bank accounts.
Those of us that are aging care less about “life sentences” each year.
Most humans are parasites
Yes, the liabilities of the US are near their limits, when you include the debt that isn’t really being counted.
Ada Quonsett : When you get to be older, there isn't a lot left to be frightened of.
It was $10,000 a month cash up front (self pay) for the nursing facility a family member was recently in..... And even with home health care it’ll run you about that because if you take them out of the facility they determine what you have to have in the home to accommodate their care....in this case 24 hour nurses.
Yeah it’s not a matter of IF it will collapse,
It’s just a matter of WHEN will it collapse?
So it would just be easier or more convenient if you got your neighbors, many who might still be paying off mortgages or renting, to pay for it? I don't really see what a dollar figure for home care has to do with the original topic. We already know it's expensive.
Well first off we didn’t need anyones help and would not have had she lived. Second, although we knew costs would be significant, having already had home care for her, I did not realize the cost of facility care and all that entails......which is what this article references....therefore it certainly does have to do with the topic of protecting your assets and costs relating to care.
Butt butt everybody tells me British health care is the best in the world and it’s FREE.🙄
This isn't health care. We're talking about Nursing Homes. They don't have free dental care either.
People in the US who enter a nursing home live on average about a year. . That year costs upwards of ten K a month. Medicare partially pays for 100 days. If you have supplemental insurance it helps. But if you happen to live substantially longer than a year, and many do, you may expect to spend everything you have and go on Medicaid. Medicaid will allow a surviving spouse to continue to live in your hour house, but when that house is vacated it will be sold at auction as medicaid will claw back what it can. I have known people who were bitter about this. they would say
“I’ve worked and saved all my life and now they just come and take it.’
I would say
“What did you think you were saving it for? For you, the future is now.”
The law firm I mentioned in my first post specialized in hiding assets so that by the time you got into the nursing home you had nothing for the government to take but your relatives would have a home, vacation home, savings, etc. The taxpayers would pick up the entire bill while the relatives end up with all the goodies. I would love to find out who made the loopholes that allow abuses like that to happen.
Socialism + Inflation + Sleepy46 = Empty Savings
I thought the health care was jolly well free in Jolly Old England’’?
See post #12
Oh, I say, frightfully bad, wot?
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