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Senior living centers are often atrocious and still can set people back over $10,000 a month. I think a program could be designed without being a handout. One
by cyberlurker 2y ago
Senior living centers are often atrocious and still can set people back over $10,000 a month. I think a program could be designed without being a handout.
One option could be if you’re going into a government run senior living center you need to pass that money down to whoever was going to inherit it/receive it through donation. And that has to be a taxable event to cover the cost of the subsidy on senior living.
People would hate that option because no one likes taxes but the private market is not getting us where we need to be. If people don’t like the option, no subsidy for them and they are free to figure out their own senior care. That money goes surprisingly fast.
- jncfhnb 2y agoAnd if the old people don’t have enough wealth to cover the subsidy via taxes that they would have paid anyway just later on their inheritances?
- FireBeyond 2y ago> Senior living centers are often atrocious and still can set people back over $10,000 a month. For "fun", most states publish nursing home reports. In the county I work in EMS, there are probably only two that have only either minor or no infractions. Every single other one has major / patient/resident risk infractions. Often around minimum staffing levels. Perhaps pay your CNAs above minimum wage, your LPNs above $20/hr, and so...
- blondie9x 2y agoI'm not talking about just senior living or senior care places. I'm talking about total independent just 55+ or 62+ senior apartments that have affordable rents available. There are very few of these and waiting lists are usually completely closed off and take 10+ years if your name is called at all.