Reply to Why save for retirement if medicaid will cover your costs!?!?

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[quote=Anonymous][quote=Anonymous]

This what we are planning on doing - it is incredibly expensive and we will have to modify our home. They still feel that it is a waste of money. neither my brother or I need their money and we are trying to convince them that we want them to age happily rather than be placed in a nursing home.[b] Assisted living is out as my father is not self sufficient. [/b]I had no idea that there is a difference in care/faciliteis for self pay vs. medicaid. I don't thik they know that either so this may be the way to convince to use thier savings for better care.[/quote]

Another disadvantage of relying on Medicaid/Medicare is that if one person needs nursing home care, the pair will be separated. The spouse who needs the nursing home goes to a nursing home, the other stays on their own. For some couples, this may not be a problem, but some don't want to be separated. Also, if the non-nursing home bound spouse doesn't drive, even visiting each other can be difficult.[/quote]

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