Re:Rich Retirees Are Hoarding Cash Out of Fear
by justin66 on Wednesday May 17, 2017 @12:52PM
(#14360287)
You do not know what you are talking about at all.
> Person B had 100k to her name. She paid the nursing home 5k per month until it was gone. Then care is free until the money runs out.
> All three got the same medical care. All three got the same food. Maybe person A spring for a private room vs a shared room... But otherwise all would be the same.
Person b experienced a lower standard of care once the money ran out.
(I'm sure this isn't universally true, but in my experience it is. It's a free market...)
> Person B had 100k to her name. She paid the nursing home 5k per month until it was gone. Then care is free until the money runs out.
> All three got the same medical care. All three got the same food. Maybe person A spring for a private room vs a shared room... But otherwise all would be the same.
Person b experienced a lower standard of care once the money ran out.
(I'm sure this isn't universally true, but in my experience it is. It's a free market...)