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Medicaid planners typically advise retirees and other people facing high nursing home costs to adopt strategies that will protect their financial assets in the event of nursing home admission. State Medicaid programs do not consider the value of one's home in calculating eligibility, therefore it is often recommended that retirees pursue home ownership. By adopting the recommended strategies, many seniors hope they will quickly qualify for Medicaid benefits if the need for long-term care arises. |
With all the Medicaid planners, I was wondering about the moral responsibility of the children's duty to accept or avoid Medicare. Should the children of those facing high nursing care costs be able to pay for their parents nursing care ( sliming down on their retirement & Children's education ) do so, or is it morally acceptable to allow them to fall into poverty to receive Medicaid assistance?