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Reply to "Private school vs paying for inlaws extended care"
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[quote=Anonymous]When looking at facilities, look at the number of years of "spend-down" before medicaid would cover them. If one home doesn't take medicaid at all and one home will let them go on medicaid after 3 years of monthly payments, you'd probably want to go for home B. (this is not a factor in states where there are state-run medicaid facilities vs. totally private ones that don't accept medicaid funding, like PA.) Assume that assisted living could run $5K+ per person per month, and that number goes up for Alzheimer's & Dementia care. (higher level of skilled nursing care, lower number of patients per caregiver.) [/quote]
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