In my parent’s case this was $600+ a day before MassHealth (yes Massachusetts) would consider their application. So my parents paid out their total life savings @ $600 a day to subsidize all the others in the nonprofit nursing home who are already on Medicaid. This is the Cheney/Gregg’s method of reduction of the deficit…off the back of WWII Disabled Vets (my parents) who remain alive long enough to need a nursing home. If they passed away before they needed the nursing home their life savings would have been inherited tax free (less than 2M).

Now that their life savings has gone to the nonprofit and Medicaid has kicked in, my parents still have to pay the nonprofit their retirement income of $62,000 a year, as it should be!!!!!! …but only after Medicaid demands they continue to pay their Medicare and Medigap insurance premiums. They have prescription coverage under their Medigap policy, but they still were forced to Medicare D. Why wasn’t their retirement income of $62,000 enough for the nonprofit nursing home from the date of their admissions? Ask Cheney/Gregg.

Gregg says now… We can all agree that no American should lose their life savings or their home because of illness or injury and that the rising cost of health care severely burdens individuals, families and businesses,” Gregg wrote in his letter to Obama this week. “Report after report also confirms that health care costs are a systemic risk to the long-term fiscal health of our nation.”

He apparently forgot about his Deficit Reduction Act 2005 he passed in reconciliation which does exactly this to the elderly needing nursing homes who have saved more than $2,000 in their lifetime and not hidden it.

Cheney/Gregg’s DRA 2005 is the perfect example of how the GOP reduces the deficit off the backs of WWII Vets with a tax of $300+/day…the perfect storm of GOP, health care debate let them eat cake and GOP hypocrisy.

Medicare does not cover nursing homes. My parent’s life savings does. Watch Sen. Gregg “not” answer the hard questions about what he did here.

The Cheney/Gregg Deficit Reduction Act 2005, passed in reconciliation, is the largest case of Elder Middle-class WWII Disabled Vet Financial Abuse in History!!

Wake up all you elders who are on Medicare or Medicare Advantage and LOVE them. Cheney/Gregg are counting on you and your families to remain hapless while they take your life savings from you if you ever need long-term care.

Pay close attention to how Gregg backpedals from what he did to the elderly with his Deficit Reduction Act 2005 that passed in reconciliation.
He counted on the elderly to be and remain ignorant until they are admitted into nonprofit nursing homes…