Health costs are bleeding senior citizen dry
I will try to make this letter as short as I can.
One of the worst things to happen to a middle salary group or lower, is to have to place a loved one in a nursing home. Nursing home costs are eighty thousand dollars a year which is one of the lowest that can be found. None of this cost is deductible or paid for by Medicare or supplement.
People making 35 to 40 thousand dollars a year will never accumulate 5 to 7 hundred thousand dollars to pay for nursing home costs. Also, Medicare premiums have almost doubled in costs, prescription drugs are sky rocketing and over the counter drugs are increasing in price.
People in the middle wage group are usually retired when they must put one of their aged love ones in a nursing home.
Their houses are worth 90,000 to 120,000 dollars. They are retired –– get no raises but their house taxes keep raising.
Soon they will have to remove loved ones from the nursing home or sell their house to keep loved ones in the nursing home. If they sell the house they now have, they will have to find somewhere to live.
My solution to this problem is as follows:
Medicare set cap on nursing home care. They will pay 1/2 costs allowing remaining person to stay in their home and still pay half of nursing home costs.
By cutting nursing home cost by half the government would not have to pick up total costs through Medicaid.
Old people are being cleaned out of their savings, which they have worked all their lives for and paid their taxes.
10 or 11 million illegal immigrants who pay nothing caused this 20 trillion dollars in debt and still increasing.
John H. Mankopf