Fun thing people don't realize is that if you find yourself old in the US and your partner ends up in a medically bad place that requires them to be in like an old folks long term care facility you can wipe out your entire savings in a matter of months. And if you want to rely on medicaid, you may have to basically give up your savings to the government leaving yourself a small amount that may not leave you enough to live on for more than a year or two. You can basically find yourself in a place where the death of your partner becomes a small blessing that saves you from spending the rest of what you have left in financial ruin.
The cost of health care for seniors is going to wipe out any money that may have possibly been passed down from working class retirees to their children. The health care industry is going to wring every penny from the elderly before letting them die.
Boomers (some of them, anyway) own land and homes and the ruling class want to make sure that the future wage slaves don't inherit homes that don't drive the rent market.
It is a constantly source of amazement to me why working class Americans keeps accepting this, why they are not giving the oligarchs reasons to shit themselves out of fear of reprisals.
the most disillusioned people i work with are the ones that have had to help a working-class parent navigate this system. like straight up, any wealth the parent has accumulated (like that house they bought in 1968) gets cannibalized to the tune of $10,000/month for a room at a nursing home with true assisted living. when that is gone, the organization takes their entire social security check and lets them have $80/month for luxury items like toilet paper, a cell phone, and optional medication.
and it goes without saying that the labor force of the assisted living location that is actually taking care of your family member makes like $8/hr and has like 30 people assigned to them per shift.
i'm in sort of a red state and the massive chud governor that was too much of a openly psychotic chud to get re-elected.... his lieutenant governor was like some kind of nursing home mogul in the region. the sociopaths who own these facilities are caking the fuck up and they are going after positions of power.
i have been hard pushing my retired parents to emigrate elsewhere, with the offer that i will go with them, under my own steam, and help however i can. the american system is completely rigged and intolerable.
I have heard about multiple nursing homes with only 2 people on staff, and you need ONE to be monitoring the nurse calls at all times, and you also need TWO people to move a patient. That is THREE PEOPLE but they only staff TWO.
When a 110lb nursing assistant can't keep a 300 pound Alzheimer's patient from falling in the bathroom, their license is threatened because they are supposed to have two people lifting residents. But they know there aren't two people.
They also happily take on memory care patients into assisted living facilities, which is illegal.
This happened to my grandfather. I remember my dad explaining that they had to basically empty all his savings in order for him to go to a nursing home. My grandfather was a painter, he didn't have all that much. I remember thinking that seemed cruel. I still think it was cruel.
Yeah, it's absolutely monstrous. My grandmother passed two days before her medicare coverage ran out and the medicaid application had to be handed in, basically saving my grandfather from it. An application that I filled out by myself with no idea what I was doing, while watching and waiting for her to die. It was a nightmare. Cursed fucking system.
I know some wealthy boomers who were in the position you're talking about, and hired a lawyer to figure out how to hide their savings so they could get Medicaid to pay for assisted living.
I don't think people realize how common income shell games are. It's not just billionaires in the Caymens, it's the millionaires in the PMC too.
ngl, I spent a considerable amount of time trying to figure out how to hide some of their savings. Apparently there's a 5 year limit on gifting that they check. I'm sure if I had actually fuck you money we could've gotten around it though. I ended up doing the math after my grandfather passed a couple years later and even with downgrading his lifestyle, short of moving him in with family, he would've ran out of money before he died. But like they were even talking about liquidating my grandparent's grave sites that they had bought fucking decades ago. Not only would his kids lose any inheritance, as meager as it was, but the added cost to the family if we had gone through with it would've been crazy.
Fun thing people don't realize is that if you find yourself old in the US and your partner ends up in a medically bad place that requires them to be in like an old folks long term care facility you can wipe out your entire savings in a matter of months. And if you want to rely on medicaid, you may have to basically give up your savings to the government leaving yourself a small amount that may not leave you enough to live on for more than a year or two. You can basically find yourself in a place where the death of your partner becomes a small blessing that saves you from spending the rest of what you have left in financial ruin.
:this-is-fine:
The cost of health care for seniors is going to wipe out any money that may have possibly been passed down from working class retirees to their children. The health care industry is going to wring every penny from the elderly before letting them die.
Yup. :marx-joker:
Pretty much lmfao. The only people who will get to pass anything on will be fuckin 0.1% percenters
Boomers (some of them, anyway) own land and homes and the ruling class want to make sure that the future wage slaves don't inherit homes that don't drive the rent market.
Among other things.
It is a constantly source of amazement to me why working class Americans keeps accepting this, why they are not giving the oligarchs reasons to shit themselves out of fear of reprisals.
the most disillusioned people i work with are the ones that have had to help a working-class parent navigate this system. like straight up, any wealth the parent has accumulated (like that house they bought in 1968) gets cannibalized to the tune of $10,000/month for a room at a nursing home with true assisted living. when that is gone, the organization takes their entire social security check and lets them have $80/month for luxury items like toilet paper, a cell phone, and optional medication.
and it goes without saying that the labor force of the assisted living location that is actually taking care of your family member makes like $8/hr and has like 30 people assigned to them per shift.
i'm in sort of a red state and the massive chud governor that was too much of a openly psychotic chud to get re-elected.... his lieutenant governor was like some kind of nursing home mogul in the region. the sociopaths who own these facilities are caking the fuck up and they are going after positions of power.
i have been hard pushing my retired parents to emigrate elsewhere, with the offer that i will go with them, under my own steam, and help however i can. the american system is completely rigged and intolerable.
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Can confirm.
I have heard about multiple nursing homes with only 2 people on staff, and you need ONE to be monitoring the nurse calls at all times, and you also need TWO people to move a patient. That is THREE PEOPLE but they only staff TWO.
When a 110lb nursing assistant can't keep a 300 pound Alzheimer's patient from falling in the bathroom, their license is threatened because they are supposed to have two people lifting residents. But they know there aren't two people.
They also happily take on memory care patients into assisted living facilities, which is illegal.
deleted by creator
Or just be in denial of the scary thing
deleted by creator
This happened to my grandfather. I remember my dad explaining that they had to basically empty all his savings in order for him to go to a nursing home. My grandfather was a painter, he didn't have all that much. I remember thinking that seemed cruel. I still think it was cruel.
Yeah, it's absolutely monstrous. My grandmother passed two days before her medicare coverage ran out and the medicaid application had to be handed in, basically saving my grandfather from it. An application that I filled out by myself with no idea what I was doing, while watching and waiting for her to die. It was a nightmare. Cursed fucking system.
Fucking bleak
I know some wealthy boomers who were in the position you're talking about, and hired a lawyer to figure out how to hide their savings so they could get Medicaid to pay for assisted living.
I don't think people realize how common income shell games are. It's not just billionaires in the Caymens, it's the millionaires in the PMC too.
ngl, I spent a considerable amount of time trying to figure out how to hide some of their savings. Apparently there's a 5 year limit on gifting that they check. I'm sure if I had actually fuck you money we could've gotten around it though. I ended up doing the math after my grandfather passed a couple years later and even with downgrading his lifestyle, short of moving him in with family, he would've ran out of money before he died. But like they were even talking about liquidating my grandparent's grave sites that they had bought fucking decades ago. Not only would his kids lose any inheritance, as meager as it was, but the added cost to the family if we had gone through with it would've been crazy.