Affordable in home care | starts at $28 per hr
You’re Probably Going to Need Medicaid
By DAVID GRABOWSKI, JONATHAN GRUBER and VINCENT MOR
JUNE 13, 2017
Imagine your mother needs to move into a nursing home. It’s going to cost her almost $100,000 a year. Very few people have private insurance to cover this. Your mother will most likely run out her savings until she qualifies for Medicaid.
This is not a rare event. Roughly one in three people now turning 65 will require nursing home care at some point during his or her life. Over three-quarters of long-stay nursing home residents will eventually be covered by Medicaid. Many American voters think Medicaid is only for low-income adults and their children — for people who aren’t “like them.” But Medicaid is not “somebody else’s” insurance. It is insurance for all of our mothers and fathers and, eventually, for ourselves.
The American Health Care Act that passed the House and…
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