Rekombinant

Even if you needed skilled nursing care, you would have had to spend three days in the hospital before being admitted to a skilled nursing facility, and both stays would have had to be for the same illness. Also, after those first twenty days, if Medicare miraculously paid in the first place, for the next eighty days you would be responsible for paying approximately the first $90 a day out of your own pocket before Medicare kicked in. In essence, then, Medicare pays for the first twenty days in just a few cases, and then it’s your turn. In fact, Medicare pays for less than 2 percent of all the people in nursing homes today. If you want to count on being one of those 2 percent, good luck. Anyway, do you believe that Medicare is going to be thriving by the time you’re in your eighties?
Well, what about Medicaid, then? Doesn’t Medicaid pay for nursing homes? An agency of last resort, Medicaid currently takes over, at any age, when you’re financially destitute. It’s welfare. Medicaid is a federal agency but run in each state by the state. Currently it’s true that 40 percent of the people in nursing homes are paid for by Uncle Sam—but Medicaid is not the answer.