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StarfishSaver

(18,486 posts)

93. I have mixed feelings about that

Reply to mr_lebowski (Reply #85)

Sat Nov 9, 2019, 05:41 PM

Nov 2019

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Do you know Medicade, Long Term Care, will take all you have? [View all] Miigwech Nov 2019 OP

Yes, I did know that. BigmanPigman Nov 2019 #1

Folks need to listen. Miigwech Nov 2019 #6

Yes. Igel Nov 2019 #2

Some people can't be caregivers for any number of good reasons including work commitments, Doremus Nov 2019 #18

Amen, Doremus Trailrider1951 Nov 2019 #20

Retirement accts. CountAllVotes Nov 2019 #77

But there is no reason that a person with plenty of assets pnwmom Nov 2019 #38

"Make the rest of us pay for their nursing home care." Doremus Nov 2019 #98

She should have shanti Nov 2019 #73

Which is why you transfer everything out of that person's name first. NightWatcher Nov 2019 #3

You have to do it in increments so plan ahead BigmanPigman Nov 2019 #8

Some people do that. Our family did not make that choice when a relative pnwmom Nov 2019 #39

That is true, but then you also have people who want Laura PourMeADrink Nov 2019 #52

If you want to leave an estate, you buy Long Term insurance Drahthaardogs Nov 2019 #54

Ya, think I read that the average stay in a nursing home is 18 mo. Laura PourMeADrink Nov 2019 #59

There used to be an estate tax that could take quite a bite, even if all you owned pnwmom Nov 2019 #62

Estate taxes vary widely from state to state yellowdogintexas Nov 2019 #89

True. But nursing home bills are not taxes, they're a combination of living costs and personal care. pnwmom Nov 2019 #94

You might want to check on the specifics of the law. Flaleftist Nov 2019 #66

I know someone who did that. kskiska Nov 2019 #97

Yes, and this is a very sad thing. I wasn't aware that they took all of the assets. Don't they ... SWBTATTReg Nov 2019 #4

Each state has its own rules for Medicaid. nt pnwmom Nov 2019 #40

I think that sometimes if an heir was a caregiver who kept the patient from needing Medicaid for a highplainsdem Nov 2019 #46

You can set up a funeral trust exboyfil Nov 2019 #57

Thank you. Good suggestion! I'll definitely look into, and see what rules the state of MO has ... SWBTATTReg Nov 2019 #71

This is Oklahoma's setup. yellowdogintexas Nov 2019 #91

Been that way for decades. In most states, you can keep your home Hoyt Nov 2019 #5

Amen. However the term "euthanasia" has been tinged inappropriately. (I hate word police!) erronis Nov 2019 #117

+1. "We need ability to take ourselves out of the woods . . . .without fanfare." Hoyt Nov 2019 #118

Thats not completely correct. Raftergirl Nov 2019 #7

Surely not $26K/monrh? Good grief! Frustratedlady Nov 2019 #14

That's for 2 people. It's not unusual to cost more than $100K a year. nt pnwmom Nov 2019 #33

Oh, my goodness. I thought $78K/year was bad enough. Frustratedlady Nov 2019 #50

Having a live in practical nurse would be cheaper than $100,000 per year. nt Blue_true Nov 2019 #110

$100k for two people or one? I am guessing one. Blue_true Nov 2019 #109

Average of $100K a year for one. pnwmom Nov 2019 #119

Those are big numbers. nt Blue_true Nov 2019 #120

Yep. Raftergirl Nov 2019 #34

What is the difference between "memory care" and assisted living? Blue_true Nov 2019 #111

Upstate NY Raftergirl Nov 2019 #127

Thanks. Blue_true Nov 2019 #129

They've been married Raftergirl Nov 2019 #131

It isn't unusual for memory care to cost $100,000/year or more. highplainsdem Nov 2019 #44

What is the difference between "memory care" and other care? nt Blue_true Nov 2019 #113

Alzheimer's units require more assistance, plus more security. highplainsdem Nov 2019 #114

Thanks. nt Blue_true Nov 2019 #116

Managed elder care here in my part of Florida starts at $1600 per person per month and Blue_true Nov 2019 #108

Yes claw back is worse than insurance airplaneman Nov 2019 #24

I'm dealing with that very thing right now TalenaGor Nov 2019 #9

We need to consider who/how these costs should be paid. enough Nov 2019 #10

You really do need to stop being so reasonable. A HERETIC I AM Nov 2019 #13

I agree. And when a relative of ours had to sell her house and spend down the rest of her pnwmom Nov 2019 #36

I agree. If a person has assets that can pay for his or her care, those should be used. nt Blue_true Nov 2019 #115

Yes Indeed Vivid Lizard Nov 2019 #11

welcome to DU, Vivid Lizard Skittles Nov 2019 #15

Just as an FYI, in NY state it goes back at least five years. dhol82 Nov 2019 #19

A nephew?!?! I hope he told them to stuff it!! Coventina Nov 2019 #43

Nope. She owed the money to the state. Tough luck to the nephew. dhol82 Nov 2019 #47

back in the day, there were "old folks homes" where they did it just like this. mopinko Nov 2019 #12

That basically describes the system of Masonic homes all across the country. A HERETIC I AM Nov 2019 #16

i think it was pretty common w all those groups. mopinko Nov 2019 #17

My sister was a social services eligibiltiy worker and told me this years ago. Gov't will iluvtennis Nov 2019 #21

Disgraceful! That woman had a god-given right to marybourg Nov 2019 #35

Keep posting please iluvtennis Nov 2019 #41

If the gov't paid for 18 years of care, PoindexterOglethorpe Nov 2019 #65

Sorry, but no one is entitled to an inheritance except a spouse TexasBushwhacker Nov 2019 #122

Exactly. StarfishSaver Nov 2019 #125

Yes, and states keep lengthening the look-back period. Ilsa Nov 2019 #22

I know a little about this jimmimac43 Nov 2019 #23

Sound advice - thanks klook Nov 2019 #69

Thanks for laying this out shanti Nov 2019 #74

It will take half of some of what you have. KentuckyWoman Nov 2019 #25

It is nice they cover the cost after you run out of money. nt USALiberal Nov 2019 #26

K n R JoeOtterbein Nov 2019 #27

I don't see a problem with this. The cost of a nursing home is AJT Nov 2019 #28

$10,000 a month shanti Nov 2019 #75

$14,000 here in the mid-Atlantic states iamateacher Nov 2019 #79

Seriously shanti Nov 2019 #82

They use up all their assets and go on medicaid iamateacher Nov 2019 #128

Glad my car's only worth $1000! elleng Nov 2019 #29

It is fair that people contribute to their health care costs KWR65 Nov 2019 #30

Not exactly. For a married couple they leave assets for the spouse. However, yes, pnwmom Nov 2019 #31

My friend's mother had a stroke at 96 mountain grammy Nov 2019 #32

I've been involved with this in Colorado. El Supremo Nov 2019 #106

It's an excellent nursing home and she does need round the clock care mountain grammy Nov 2019 #107

Good children would have used marybourg Nov 2019 #112

It is more nuanced than that sarisataka Nov 2019 #37

this is how we have been treating our sick and elderly for decades rampartc Nov 2019 #42

Yep. Known it for a long time. Liberal In Texas Nov 2019 #45

I don't have a problem with a system that expects people who can afford it StarfishSaver Nov 2019 #48

If you need Medicaid for long term care you're probably already broke from medical expenses. Vinca Nov 2019 #49

It is your final months/years...you don't need anything but care. cbdo2007 Nov 2019 #51

There's also a sense of entitlement operating StarfishSaver Nov 2019 #58

That's why people need to buy Long Term Care riders Drahthaardogs Nov 2019 #53

You need to think about the expense of long term care insurance vs. a facility. AARP studies show emmaverybo Nov 2019 #81

You get enough to cover 3 to 5 years Drahthaardogs Nov 2019 #87

My point being that with the premiums being so high, and the fact that elderly who end up using emmaverybo Nov 2019 #90

Everyone says "You're better off saving yourself for it" Drahthaardogs Nov 2019 #100

Oh that's not bad. And of course the cost will be going up. So I can see the point. emmaverybo Nov 2019 #105

It's Medicaid, please change your OP as it's confusing. lark Nov 2019 #55

It's a back-door inheritance tax (nt) Recursion Nov 2019 #56

No, it is not StarfishSaver Nov 2019 #60

I don't know why this is so hard for some here to understand. pnwmom Nov 2019 #64

The dilemma is when there is a surviving spouse Fiendish Thingy Nov 2019 #67

Medicaid has spousal protections StarfishSaver Nov 2019 #70

No, it's not. In a nursing home, in addition to the nursing care, you're paying pnwmom Nov 2019 #63

This message was self-deleted by its author raccoon Nov 2019 #102

Jesus, this whole thread is depressing as hell NickB79 Nov 2019 #61

I assume you also acquired assets in order to pay your expenses a d support yourself StarfishSaver Nov 2019 #68

We should have legal euthanasia available for people who decide they don't want their resources mr_lebowski Nov 2019 #85

I have mixed feelings about that StarfishSaver Nov 2019 #93

If your long-term plans involve assisted living, have a payment plan in mind, definitely NickB79 Nov 2019 #123

I'm sorry StarfishSaver Nov 2019 #124

Yes, they will Bayard Nov 2019 #72

I know that must have been painful, but the alternative without Medicaid would have been worse StarfishSaver Nov 2019 #78

Yep. My husband of 30 years & I almost had to get a divorce to protect our assets catbyte Nov 2019 #76

A friend of mine is taking care of her mom full time. liberalmuse Nov 2019 #80

So much crap, financial and emotional ruin to wade through. Miigwech Nov 2019 #130

Yes. It happened to my mom. She died 1 year ago today. We've basically just turned over Quackers Nov 2019 #83

The Aid and Attendance VA benefit can help Desert grandma Nov 2019 #84

The Little Sisters of the Poor have homes for moderate and indigent seniors Peregrine Took Nov 2019 #86

Yep you get a job save for retirement then doc03 Nov 2019 #88

Do you think nursing homes are supposed to provide free care so people don't have to spend StarfishSaver Nov 2019 #92

I don't know. What about countries that have national health care do they have to doc03 Nov 2019 #99

We're not a country that has national health care StarfishSaver Nov 2019 #104

Who should pay for the costs of nursing home care? Should the nursing home provide it for free? pnwmom Nov 2019 #95

read my post #99 doc03 Nov 2019 #101

If not all you have, a nice chunk. Scurrilous Nov 2019 #96

Every dime. liberal N proud Nov 2019 #103

This is nothing new. Texasgal Nov 2019 #121

That's how I feel. StarfishSaver Nov 2019 #126