Elizabeth Barrette (ysabetwordsmith) wrote,
Elizabeth Barrette
ysabetwordsmith

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Aging Alone

This article talks about the increasing challenges of aging alone.

One thing it did not mention is wealth stripping.  Because most insurance doesn't cover long-term care and similar major expenses, and the government only steps in after every penny has been spent, a majority of people are no longer permitted to pass down their accumulated wealth -- if not children or other heirs, then a worthy cause they favor.  It's simply stripped away from them in a long, ugly fight for survival and transferred up to richer entities.  Only the wealthiest can afford insurance that covers such things; only they can afford care and still have anything left over.  Everyone else just gets robbed, unless they conveniently drop dead of something very fast. 
Tags: economics, family skills, news, safety
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