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[–] 77 points 10 months ago (5 children)

Medicare doesn’t really cover assisted living afaik, though Medicaid can cover parts of it. Old folks who run out of money can often become “dual eligible” for both programs. A quick search suggests that almost two thirds of people in long term care are reliant on Medicaid.

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  • [–] 29 points 10 months ago (2 children)

    When you say "run out of money" you aren't kidding either, you need to be truly indigent for this to kick in. The system is designed to completely strip mine the elderly of all their assets.

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  • [–] 18 points 10 months ago* (1 child)

    Yeah, I had a relative with alzheimers who had to sell her house, and pretty much everything she owned, in order to be eligible for medicaid so she could afford the assisted living home. Pretty fucked.

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