Will my assets be sold to cover the costs of Long Term Care for me or my spouse? ANSWER With regards to having to sell assets to pay for LTC the short answer is “no” – the assets of a person remain intact if they go into a nursing home, but any income they receive […]
Long Term Care Bed Shortage Requires Innovative Thinking
“Seniors deserve respect, compassion and self-reliance and the option to stay in their own community” stated Prince Edward Island Progressive Conservative Leadership candidate Brad Trivers. “Islanders are ending up in Hospital beds instead of long term care close to their friends, neighbours and loved ones. Keeping seniors in acute care beds for long periods of […]
Trivers Questions – SC on Health and Wellness – Mar 7, 2017
Nursing homes cost about $5400 per month per bed (hospitals between $17,000 and $37,000 per month per bed!). IDEA: Provide funding to help seniors live with loved ones instead of in nursing homes / hospitals. Give a monthly fee to the caregiver household, provide home care check-ups, and give the option to go to a […]