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Politics : Politics for Pros- moderated

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To: KLP who wrote (421672)4/13/2011 11:17:18 PM
From: Joe Btfsplk  Read Replies (5) of 793843
 
the cost of nursing home care is $4,000-7,000 or more a year...

My ex MIL, now 93(?), is getting a modest studio with some assistance and paying almost $3 grand a month out of pocket. She was married to a GSA plumber who never made more than $12 an hour, but they spent sparse and saved hard. She inherited a bit from relatives similarly situated. She gets Medicare. Her stash is near exhausted. Her grandchildren intend to step up, but their capacity is limited.

What then? What constraints on the price of old age assistance exist? How do "we" determine what "we" can afford?

In times past "we" seemed to do a better job relative to the national level of wealth. What changed?
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