Assisted Care, Hospice, and the financial soaking of the elderly

[Hoyt]

1. Sorry about your FIL. I don't know what the right cost is, but nursing care is expensive.

I do agree we can do better for elderly, but Medicaid (run primarily by the states) that pays for most nursing home care is not willing to pay for decent care. Of course, to get Medicaid coverage for a nursing home, you pretty much have to spend every penny you have and become destitute.

As ugly as that is, I don't see any rush to do anything about it. Heck, many states wouldn't even expand Medicaid for Obamacare. Our politicians just fall back on the "we can't afford it."

Hope your FIL is comfortable, and he is very lucky to have your help.