You got it. There is a large percentage of people, “the kids” who are now providing the daily care for their folks. What did they think would happen when they turned simple health insurance into an unaffordable luxury for millions. Most would not believe what they want to house old folks in those death hotels they call senior citizens care homes or whatever they call them now. We’re talking anywhere from $4,000 to 10,000++ a month. Looken sharp America.
You’re right; to even get in oldsters have to turn over their assets and incomes, and at that point they lose their independence completely. I’d like to think when I have to deal with that with my parents we’ll be able to do better than that; many of those places are just grim...