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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Your system (I'm Canadian) is all about extracting a lifetime of wealth and handing it over to the elder care "industry." You don't care about seniors in any way, shape or form. Follow the money - it's always about that. Here in my province we charge people less than 2K a month for long term care. We also get vilified by the US media for allowing Alzheimer's patients in the earliest stages to use medical aid in dying. [b]We don't strip seniors of all their assets and impoverish the spouse.[/b] I don't have any kids and I will choose medical aid in dying and skip dementia so I have more peace of mind than any older American does. My assets will go to the daughter of a friend who wasted her life in the helping industry earning peanuts so at least she won't be poor in her old age. [/quote] This is not allowed legally. [/quote] I'm not here to defend the US system as I largely agree with the Canadian poster. But in reference to the bold above, Medicaid allows for up to $148,620 in assets for the "community spouse" to retain, excluding a home (some states do set a lower limit and that's because they are awful). If the community spouse, however, needs to move into a nursing home and requires Medicaid, then they would spend down those remaining assets, including the sale of the house. That was okay with my parents as no one was living with them. It's terrible for adult children, usually female, who quit jobs, move in to care for the parents, and then are left effectively homeless when the house is sold. [/quote] Most don’t quit their jobs and move in. Be real. [/quote]
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