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Reply to "Why save for retirement if medicaid will cover your costs!?!?"
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[quote=Anonymous][quote=Anonymous]I have a question. Aren't we talking about Medicare, not Medicaid, or am I missing something. [/quote] medicare is the insurance program for the aged, but it does not cover nursing home stays (except for short stays necessary as part of rehab after discharge from a hospital) medicaid is the insurance program for the poor, so people who run out of money but need nursing home care can apply for medicaid coverage. [/quote]
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