http://moneycentral.msn.com/content/CollegeandFamily/Caringforparents/P140370.asp#msnhp

Has anyone had to deal with this? It's almost criminal - nursing homes cost a fortune, but medicare won't lift a finger until every penny of the person's assets is gone, and they're vicious about it (my aunt gave me some stock before going into a home, and the state came after me for it).

My bitch isn't so much about the state, but the cost of nursing homes - I just don't get where the money goes. Most of them don't even have a doctor on staff, and many don't have a nurse - they're just tiny condos with a small extra maintenance staff...

Can someone enlighten me? Tell me that I'm misunderstanding the expenses of running such a place and nobody's actually getting rich off the elderly...

Philo

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