Tuesday, October 20, 2009
The New Math: Do Nursing Homes Make Sense?
2004... Some of you might remember that I wrote a column on this subject in 2004. This a revisit and an update. I knew it was bad, but now I'm pissed. They pay over $100,000 per year in a per person in a nursing home annually. Today I received a copy of Incitement, ADAPT’s newsletter which contained an article listing the disgusting amounts states spend to “care”, note the quotes, for each individual in an instution yearly (according to Kiplinger’s Retirement Report, published March 2004) even...
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