Posted on 08/01/2023 10:45:58 AM PDT by ChicagoConservative27
Caring for an elderly or permanently disabled family member is a gut-wrenching experience for many families. Not only that, but it’s expensive, often exhausting personal savings and resources.
The United States, like many other rich countries, is aging fast, and that means more Americans with diminishing cognitive function and physical disabilities as well as the loss of independence. Providing such care is intensive. In the case of nursing homes, where residents have the most severe needs, round-the-clock attention is especially expensive.
Most fund these things through the Medicaid program, but this can come with an unreasonably steep cost. The private sector has a simple solution to offer, but it might require a change to the system.
The private sector simple solution mentioned is for all of us to buy long term care insurance.
But such insurance is very expensive, which helps explain why so few people have long-term care policies.
With Medicare clawback, the heirs do.
Of course, importing millions of illegals - also using our tax dollars - and putting them immediately on Medicaid does tend to dry up the pie for all of those who have paid the tax for their entire working lives.
Social security and Medicare - the third rail for politicians, until they can get enough voters to change the rules for them.
I think it was just yesterday there was a big clawback article about Ohio. If there are any assets after death, the government can make a claim against them.
This is about Medicaid, not Medicare. Big difference.
So is medicare and social security. It’s all a scam.
80% of what is spent per person on health care, in their entire lifetime is spent on their last 2 years of life.. Medicare basically is where 80% of all medical spending comes from...
A simple fact, no one will tell you.
The US pretends to not be a single payer system, but for all practical reasons it is.
And the care you get on Medicaid is often worth what you paid for it.
Which is why so many people on Medicaid in my neck of the woods use the ER for non-emergent care.
We’ve had a de facto NHS since Obamacare was enacted.
It long predates Obamacare
There are dual eligibles, you know.
Elrdey on both Medicare and Medicaid.
But Obamacare and the EMR legislation in GWB’s Porkulus sealed the deal.
The author does not know the half of it. The Medicaid option is complicated and there are many tripwires. The worst place to be is in the hell zone where the person has income in the 25-30 thousand range, too much to qualify for Medicaid but not enough to afford the $4000 per month minimum a Nursing home costs. If they have dementia it’s closer to $9000 per month every month for years.
Obamacare is bankrupting Medicaid
Yup, got LTC. It is expensive, and yet I hope I never have to use it. But (unlike Kofi) I believe it is my moral duty to take care of my own burdens to the extent possible.
or we can spend down and qualify for medicaid...but medicaid/medicare looks back 4-5 yrs to see if you've given your kids a large amt of your money and they you'll be dinged or have to get it back....
give your kids money NOW before you are sick, in small amts, because the govt will take every single penny from you one way or another.
hospice and palliative care are both covered by medicare and its not “free”....
NHC, as in the United Kingdom National Health Care?
Every government in the world that created a national health care system has been trying to get out of it, by cost sharing, limiting care or by spreading debt around.
Everything gets cut except the federal and state pensions.
Plenty of money for those.
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