Talk of The Villages Florida - View Single Post - Move all investment money into fixed income?
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Old 12-10-2022, 07:52 AM
retiredguy123 retiredguy123 is offline
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Originally Posted by Aces4 View Post
Not really, many of the residents in the nice assisted living center where my mother resided in the last years of her life were unable to pay the freight and they received the same care as she did. No worries.
If it was an "assisted living" facility, not a nursing home, it is unlikely that a typical facility would care for very many residents without some type of special State authorized Medicaid program approval. Most assisted living facilities are "for profit" businesses that will require non-paying residents to move out. Some states have a special Medicaid program that will pay for a very limited number of assisted living residents. By contrast, most "nursing homes" rely heavily on the Medicaid program to fund their facility. It is not unusual for as many as 90 percent of a nursing home's residents to be on Medicaid.