$70,000 Per Annum Long Term Care Cost For Families W/End Of Medicaid.

[Hoyt]

2. I suppose it is possible some funding for nursing homes might disappear, but I don't think anyone

can hold the family members responsible (unless the elderly person transferred assets to avoid paying for nursing home care).

Now, what happens to those elderly or ill people who don't have any assets is a real concern. I suspect the state will have to take care of them, as they do now to an extent. I hate to think of what the nursing home care will be like if they only get $40,000 a year, when the care sucks at $70,000.