In my area, long term care costs about $15,000 a month. Unbelievable. Just wondering what other people out there are paying monthly.
If my parent runs out of money, she won't get kicked out but she is expected to drain her entire life savings first. Then a special fund kicks in along with some Medicaid to cover the bill.
My mother is "transitioning" in hospice care. I visit her regularly, and she shows signs of the end of her life. I feel good that she has received great care regardless of the cost. I will miss her when she passes but I will sleep well.