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   RAILFAN      Trains, model railroading hobby      3,261 messages   

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   Message 3,131 of 3,261   
   hancock4@bbs.cpcn.com to Stephen Sprunk   
   Re: a long, long, way from Getting back    
   27 Apr 15 19:18:32   
   
   On Monday, April 27, 2015 at 6:01:32 PM UTC-4, Stephen Sprunk wrote:   
      
   > Ah, okay; I thought they were mutually exclusive.  It seems like smart   
   > seniors would give all their money to their kids (or put it in a trust   
   > they control) and declare themselves indigent right away rather than   
   > blow all their money on nursing homes and then end up indigent anyway.   
      
   The govt is very aggressive about going after assets--or former assets--of   
   Medicaid patients.  It's not that simple to shelter one's assets.   
      
   One advantage of saving money and being able to self-pay for a nursing home is   
   more choice in where you go.  A Medicaid patient ends up where there is an   
   empty Medicaid bed, which is not necessarily close to other family or in a   
   good home.   
      
      
   Given the increasing burden of health care costs, there isn't much of a long   
   term future of Medicare--it's gonna run out of money, as will the overall Feds   
   when the Chinese get sick of our ever increasing debt.  Given that many   
   seniors have lost their    
   pensions yet living longer, in the future we're gonna see senior domitories   
   with minimal comforts.  That's all they can afford.   
      
   The newspaper reported the merged American/US Air is making great profits.  At   
   the same time, they are in court demanding to slash pensions of their retired   
   employees.  And people applaud this sort of thing, saying it is "good" for the   
   economy!   
      
   --- SoupGate/W32 v1.03   
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