Canada or the U.S.

[Bushmoose]

what happens if the old person owns a home and has money in the bank - are they expected to use that all up before the government covers the nursing home expenses - thanks

I'm not 100% sure of those details, but it's my understanding a person's assets are considered when admitting that person into a home?
As it should be really, since the public shouldn't be expected to pay for assistance to those that are able to help themselves.

[Bushmoose]

are they expected to use that all up before th government covers the nursing home expenses - thanks[/QUOTE]

It's not the " government" covering the expenses, it's the taxpayer.

[js4fn]

what happens if the old person owns a home and has money in the bank - are they expected to use that all up before the government covers the nursing home expenses - thanks

In that case of having money pays their own way or give money to kids then government covers
On government pay could end up in four room ward. If you have money could be a double room or single if you can afford it

But depends if your really bad shape needing everything done for you or could be a apartment where meals provided drugs are administered

[trimmer21]

are they expected to use that all up before th government covers the nursing home expenses - thanks

It's not the " government" covering the expenses, it's the taxpayer.[/QUOTE]

My stepfather went into a retirement residence three years ago (not an LTC res). The very first thing the administration asked was about Power of Attorney and Executor. I supplied the documentation and his lawyer's business card and not another word was said. No mention was ever made about estate conversion. I'm certain that's illegal for them to even ask. The government pays ZERO towards his housing other than a non-refundable tax credit,a military pension through Veterans Affairs and the Ontario Drug Benfit. It's costing him $3K per month to stay there.

[Badenoch]

My stepfather went into a retirement residence three years ago (not an LTC res). The very first thing the administration asked was about Power of Attorney and Executor. I supplied the documentation and his lawyer's business card and not another word was said. No mention was ever made about estate conversion. I'm certain that's illegal for them to even ask. The government pays ZERO towards his housing other than a non-refundable tax credit, a military pension through Veterans Affairs and the Ontario Drug Benfit. It's costing him $3K per month to stay there.

It's the difference between a long term care home and a retirement home. LTC is covered by the government although there is an accommodation cost paid by the resident.

https://www.ontario.ca/page/about-lo...care#section-0

[Bushmoose]

It's not the " government" covering the expenses, it's the taxpayer.

My stepfather went into a retirement residence three years ago (not an LTC res). The very first thing the administration asked was about Power of Attorney and Executor. I supplied the documentation and his lawyer's business card and not another word was said. No mention was ever made about estate conversion. I'm certain that's illegal for them to even ask. The government pays ZERO towards his housing other than a non-refundable tax credit,a military pension through Veterans Affairs and the Ontario Drug Benfit. It's costing him $3K per month to stay there.[/QUOTE]

That's kinda what I was saying? If a person has money (assets) they should pay their own way. If it uses up $3000/month of his money, so be it.

[trimmer21]

My stepfather went into a retirement residence three years ago (not an LTC res). The very first thing the administration asked was about Power of Attorney and Executor. I supplied the documentation and his lawyer's business card and not another word was said. No mention was ever made about estate conversion. I'm certain that's illegal for them to even ask. The government pays ZERO towards his housing other than a non-refundable tax credit,a military pension through Veterans Affairs and the Ontario Drug Benfit. It's costing him $3K per month to stay there.

That's kinda what I was saying? If a person has money (assets) they should pay their own way. If it uses up $3000/month of his money, so be it.[/QUOTE]

Those are his sentiments,too. Being a very proud Korean navy vet and very successful in life,he always insists on paying his own way. He's 87 years young (well,according to him LOL).

[MarkB]

what happens if the old person owns a home and has money in the bank - are they expected to use that all up before the government covers the nursing home expenses - thanks

Joe, the subject has taken a turn ... if the person is mega wealthy, I'm sure you agree, the tax payer shouldn't need to pay for the retirement home costs. That normally is paid for by the individual, and planned for well ahead of time, if they have that kind of money.

The tax payer is here to pay for individuals that are in need of help, as in does not have sufficient funds ... which I think makes sense.

Doesn't it work about the same in the US? I know my wife's grandma had to pay for her own care/stay at a retirement home ... is there such as thing as government paid for retirement homes down there?

[MikePal]

I know my wife's grandma had to pay for her own care/stay at a retirement home ... is there such as thing as government paid for retirement homes down there?

My Mom is in an 'assisted living' retirement home..she foots the entire bill. It's not until she requires nursing care and no longer can live in the assisted living facility, that she will be moved into another wing. Because she will then require nursing care 24/7, that's when there is the option for Public Assistance...I believe it's $2200 a month.

BUT ..the public assistance 'room' are the ones that are x4 to a room...AND she would have to sign over all her CCP, OAS, etc cheques and the rest is covered by the province.

You do not get public assistance if you want an upgraded (semi or private) room at the Nursing home. You can't add the $2200 public-provided money to the cost of a $3200-$4200 semi or private room.

The inheritance sure gets eaten-up fast when your Mom's room cost $50K a year !!

[Badenoch]

I prefer Canada because I was born here and having seen much of the world prefer to stay here. It was a close run thing though as my maternal grandfather who was an American decided to settle in Ontario instead of California.

I have American family and friends, visit there often and have done business with American clients. I prefer Canada because it is a more tolerant, more equitable, less violent and more stable society. Taxes are higher but once you factor in American health care premiums the differences are not as great. Acute health care is equivalent but Canada lags on chronic and diagnostic care but no one goes to the poor house if they get sick.

I like Americans for the most part. What I don't like is Americanism.