Quote:
Originally Posted by retiredguy123
I visited many nursing homes for my mother, and I always asked them for the percentage of patients who were on Medicaid. The average percentage was about 85 to 90 percent Medicaid. These are people who were not broke when they arrived, but became broke while in the nursing home. I don't know how you define a second class facility, but if you can find a facility that doesn't accept Medicaid, I don't think your long term care insurance benefits will cover the high cost.
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The best advice I can give you is to check with your financial advisor. See what he or she says. And remember your spouse is in the equation.
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