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Eldercare
Reply to "What happens to childless LMC/working class people when they get old?"
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[quote=Anonymous]My husband is also the care giver for his dad who lives in a home. He pays all the bills, takes him to drs apts, is the only point of communication with staff, caregivers, insurers, Medicare etc. plus the emotional burden of making those decisions, time off of work etc. and I am the poster with FIL who lives in the $8200/month facility. What happens when your “caregiver” child can’t afford to take off the afternoon to take you to a drs apt or meet with your care provider? There are so many ways this is going to completely devestate this country for generations. Plus the loss of passing on inherited wealth. To qualify for Medicaid you basically have to show zero asserts. States can go back and sue an estate to recoup costs. Children will inherit even less than before and I’m not talking about millionaires. Middle class kids who might inherit some savings or money from the sell of a house after their parents die. [/quote]
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