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BoomerTranslation t1_it9btr7 wrote

Reply to comment by t4ct1c4l_j0k3r in Failing nursing homes to face tougher penalties by Thetimmybaby

...and the prices will jump up too, I suspect.

Imagine what insurance will try to change for this kind of care.

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Maxpowr9 t1_it9tcqn wrote

Same reason why daycare costs exploded.

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The_Yarichin_Bitch t1_ita095w wrote

And it's sad because they literally don't have to by sacrificing 1 of their millions in profits... I'm talking the CEO's.

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NoodlesrTuff1256 t1_itd1g1d wrote

These greedy nursing home CEOs (as well as those in a lot of other industries) need to be named and shamed and pictures of their ill-gotten gains [mansions, yachts, private jets, etc] displayed for all to see.

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The_Yarichin_Bitch t1_itgwfpp wrote

Fuck yes they do, the people making money off of people and specifically the elderly in care suffering deserve the worst imo...

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NoHalf2998 t1_ita214b wrote

They don’t even offer the insurance my mom bought years ago because it pays out so much

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WhiteHairedWidow t1_itcjj0z wrote

At the place I work at, the residents pay upwards to $300 per day to live here.

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TheInternetShill t1_itar4hk wrote

Further showing why it’s incredibly dumb to not have single payer health insurance

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Cpt_sneakmouse t1_itawl9q wrote

The government ends up footing the bill. The way the system works right now is that you're actually encouraged to go completely broke paying for care and at that point you can qualify for government coverage.

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NoodlesrTuff1256 t1_itd1we3 wrote

A lot of older people will start transferring their financial assets to their children and grandchildren before they even need this kind of intensive care. If the transfer process is completed and then more than five years goes by without the senior needing to check into a nursing home, the family is 'home free.' But if the worst happens and they have to check into a nursing home before the five years is up, the government has the right to look back into their finances and demand that they spend down a certain amount of their assets before Medicaid kicks in to pick up most of the nursing home bill.

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SaltyTowels t1_itevs1o wrote

So we'll end up with fewer but better SNFs than many shitty SNFs? Sounds like progress to me.

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