My parents lived in assisted living until my mom fell and broke her hip. She is now in skilled nursing but it seems the facility is more interested in keeping her in SNF and private pay versus helping her get better to return to assisted living. Parents don't qualify for Medicaid but at $25,000 per month, there is no way to sustain this care for long and it appears they will never qualify for Medicaid because one of them receive more than $1500 per month for social security. Not sure what to do next.
Is the ALF they live in not private pay as well as the SNF?
What reasons are they giving you that continuing SNF care is required?
Would the ALF she was in evaluate her for their ability to return to former level of care?
You are right that once memory care or private pay SNF is needed the funds, even for a millionaire, will not last long.
Fairly often , elderly who break a hip do not recover to how they were prior and end up wheelchair bound in SNF .
If Mom needs to stay in SNF , Eventually your mother would qualify for Medicaid after spend down .
I’d be more concerned how to keep paying for AL for Dad . Eldercare lawyer who is very knowledgeable about Medicaid in your parent’s state can help with negotiating the process which may include splitting their assets so Dad can be in AL .