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[quote=Anonymous][quote=Anonymous][quote=Anonymous]
Not worth getting. We do not have it. Like another poster, we would prefer to succumb to whatever illness leaves us needing that kind of care. We have seen it and it's not a life we would want at any price.

Signed,
retired people in late 60's[/quote]

I don't understand these types of comments.  NOBODY WANTS to go into dementia care facilities.  But if you become too much for your 80 yr old spouse to care for 24 hrs/day, 7 days/week, THEY are going to put you in a facility, and you better have some $$$$$ to pay for it.

Are you suggesting that if you have dementia, you are going to take yourself out?  If not, then you don't get to just decide that you are going to "succumb" to dementia or Parkinsons.   Your relatives/spouse have to deal with your needs until you eventually "succumb" -- which may be 3-10 yrs.  They may not be willing to change your diapers.  They may prefer to put you in a facility where you can't wander out the door at 2 a.m. in the freezing cold winter.  Gotta have $$$$$.[/quote]

+100. You’d better have a pill ready if that’s your plan. Otherwise get ready to pay. My elderly father has Parkinson’s and was falling multiple times a week. He’s already in a very nice Assisted Living but needed eyes on him 24/7 and we hired a private aide. Cost was over $300k A YEAR. The alternative sure was to put him in a sad nursing home home where they would warehouse him to a wheelchair, he’d resist, he’d fall, then he’d be in a wheelchair and it would all be downhill from there. If he didn’t have a massive stroke from all of that.

Luckily he improved and we’re back to just the $80k/yr AL facility. But imagine how fast even a decent estate is going to go at the rate of $300k/year.

I’m not advocating for LTC insurance bc I’ve heard shitty things about it, just saying this health system we have is really effed up.[/quote]

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