The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Big Problems wth LongTermCare Insurance Date:  7/11/2013  9:47 AM
Author:  2gifts Number:  72552 of 78166

I don't understand how folks come to the conclusion that the government should somehow protect people from having to use their own money for nursing home stays. Before the taxpayer picks up the tab, the person in need of nursing home care should be forced to exhaust all of their personal funds. I think a strong argument can be made that the same person's immediate family (adult kids) should pay too, at least before the taxpayers are called to pick up the tab.

I'm with you on the part about people having to use their own assets prior to the government stepping in to provide assistance. But I cannot possibly disagree more with the thinking that someone's adult children should then be held responsible for their