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Assisted living costs are 55k/yr

Posted on: March 28, 2017 at 16:46:47 CT
Badird MU
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Assume the same 70% of the 6M people using Assisted Living are on medicaid...

6M * 0.7 * 55,000 = $231B

Plus nursing home, Ill correct the math for you...

[1.5M * 0.7 * 83,000] = $88B
88B + 231B = $319B

After just these two things, we are down to $3402/p
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Medicaid spending in all states in 2016 was over $532B - Bulldog Bob Brown STL - 3/28 15:17:39
     medicare fraud is huge. - RHAYWORTH MU - 3/28 16:10:09
     How much do you think alzheimers/dimentia care costs? - Badird MU - 3/28 15:24:45
          Ok. Some people need more. Your point?(nm) - GA Tiger MU - 3/28 18:17:41
          So Medicaid is first and foremost a way to - Bulldog Bob Brown STL - 3/28 15:31:39
               It's a way to provide coverage - DC Jayhawk KU - 3/28 15:39:26
                    How many people are in nursing homes on Medicaid? - Bulldog Bob Brown STL - 3/28 15:54:29
                         Assisted living costs are 55k/yr - Badird MU - 3/28 16:46:47
                              Hmmmm, 319B dollars a year is spent on 5.3 M people - Bulldog Bob Brown STL - 3/28 17:24:56




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