this post was submitted on 06 Jun 2026
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They make older people spend all their money to get long term care with Medicare.
Nursing home care is incredibly expensive but Medicare will only help you pay for it if you get rid of all your income and assets until you get to their deadline before they’ll help you pay for it.
There is a whole industry built in helping older people spend their money so they can get health care.
This. They may also make you sell your house too. I spoke to a family who was trying to get a loved one in a nursing home and they said they were quoted something like 20,000/mo. I asked if they meant per year and they reiterated that it was per month. All that money for a place that will let you stew in your own feces...