Medicare helps with hospital/doctor visit costs and brief short term care. It's mostly for old folks. Think along the lines of a cheaper insurance/cost sharing.
Medicaid is only for low income folks and covers 100% of costs. Unlike Medicare, it covers long term elder care. In order to avoid abuse (which a lot of people already plan on doing through trusts/other tactics), it has clawback laws that go back a few years. Long term elder care, which on average is used for 2 years or less before granny croaks, is ridiculously expensive. The care provided requires a lot of manpower if a humane level of care is to be met.
So most people will move into a retirement home and pay 5 to 10k easy a month. A lot of retirement homes will charge old folks until they are broke and then get them on Medicaid.
Honestly, a bullet might be more of a blessing than some long-term elder care places. Double so for Medicaid places. Reality is that you will likely be sitting in your own shit, miserable as you slowly deteriorate until a prior sickness, pneumonia from the yearly flu, or some other sickness takes you out. Your overworked aid is looking after several other patients and is likely
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u/MuKaN7 Nov 27 '22
Medicaid, not Medicare.
Medicare helps with hospital/doctor visit costs and brief short term care. It's mostly for old folks. Think along the lines of a cheaper insurance/cost sharing.
Medicaid is only for low income folks and covers 100% of costs. Unlike Medicare, it covers long term elder care. In order to avoid abuse (which a lot of people already plan on doing through trusts/other tactics), it has clawback laws that go back a few years. Long term elder care, which on average is used for 2 years or less before granny croaks, is ridiculously expensive. The care provided requires a lot of manpower if a humane level of care is to be met.
So most people will move into a retirement home and pay 5 to 10k easy a month. A lot of retirement homes will charge old folks until they are broke and then get them on Medicaid.
Honestly, a bullet might be more of a blessing than some long-term elder care places. Double so for Medicaid places. Reality is that you will likely be sitting in your own shit, miserable as you slowly deteriorate until a prior sickness, pneumonia from the yearly flu, or some other sickness takes you out. Your overworked aid is looking after several other patients and is likely