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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I tried to get it but an obscure non-verified diagnosis five years ago DQ’d me.  It was a hybrid plan- $126k cost for nine years of coverage starting around $6k a month with a COLA.  It would have paid out over $1.4 million if the entire thing was used.

Needless to say I now have to self insure.  [b]My mom’s care is roughly $7-9k a week at this point.[/b][/quote]

Serious question. How can we say we are proud to be Americans with this kind of highway robbery? I don't care what illness someone has. $7k per week is simply a shame.

This then beg the question, if someone at some point has to pay this much, how can a yearly salary under $1 million be a good salary?

We are royalty f*&#d[/quote]

Average lifespan of a nursing facility patient is 13.7 months, and 53% die within 6 months.  It is a crazy amount, but based on fairly short life expectancies once someone enters the facility.[/quote]

I get the averages, but I'd plan for a bit more.  I've watched one relative live already 2.5 years in nursing care (they are 90 now) and still going strong, mentally still there, so it could be 1 month or several years. 
Another just spent 7 years in Memory care, and could have lasted longer if they had not gotten the flu (otherwise they were still doing well considering the circumstances).  
So I'd plan for 2-3 years in advanced care at least.  Don't want to be a burden on our kids
[/quote]

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