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A: Yeah.
B: and you need people who are trained for that type of problem.
A: Right.
A: Who know what they're doing with that.
B: Yeah
B: so, so there's different types of nursing homes I think.
A: Yeah
A: well, my, uh, grandmother's not really in a nursing home, but a retirement home that also has a nursing home sort of attached to it.
A: And she really liked the idea of, of moving there.
A: She's not ill yet
B: Uh-huh.
A: but, uh, she worked there as a volunteer for about ten years
A: and then she decided that, uh, she's eighty five years old, that eventually, you know, she she doesn't want her family taking care of her and being a burden.
A: She's very independent.
A: So she's in this nursing home.
A: It's out in the country
A: and, uh, she really enjoys it right now because she doesn't have to wash dishes or cook
B: Gives her a little bit of her own independence
A: Uh-huh.
B: but she still has, uh, a security there.
A: Right.
A: Some support.
A: And then there's also, uh, sort of a wing for those people that do get sick
A: and, what I like about it and I think she likes about it is that she knows everybody there now
A: and then, so if she ever does become ill, uh, it will be like family around her.
B: That's right
B: and I I've seen some of them like that too
A: Yeah.
B: and also they have a lot of, uh, activities going on for the ones who are more active.
A: Uh-huh
A: Yeah.
B: So it's not sort of like, uh, uh a sick place.
A: Uh-huh
A: No,
A: she loves it.
A: She has a great social life
A: and she travels
A: and, uh, it's in, in the in the mountains
A: and it's beautiful
A: and, uh, I, I hope that I have something like that when I get older
B: Yeah
B: I, I think, I think the, uh I think that the decision that needs to be made though on nursing home has to be a joint one between the, uh, elderly uh, person who's going in and the family that's going to be, uh, effected by it
A: Uh-huh
A: Uh-huh.
A: Oh definitely it's,
B: and, uh, you know, sometimes it can, those those choices can be made in advance
B: and sometimes the choices because of the nature of the illness when they're,
A: Right.
A: So, uh, do you happen to be working for a large firm?
B: Well, it's about three hundred and fifty people.
B: I guess that's not large compared to some,
B: but it's big enough.
A: Uh-huh.
B: And they have a, they don't have any kind of pension plan where they contribute anything
B: and I wish they did.
A: Yeah.
B: You know, they have a four O one K,
B: but I put all the money into it.
A: Uh-huh.
B: They don't add anything.
B: What about you?
A: Uh, I work for a fairly large company.
A: It's got eight thousand people.
B: Uh-huh.
A: And, uh, we do have health insurance.
A: We don't have four O one K plan, stuff like that,
A: but we do have, like, retirement.
A: They kind of match up to, you,
A: if you put six percent, they match up to six percent,
A: and then the rest is whatever you want to put in. If you put more than that or something like that.
B: Oh, that's a pretty good deal.
A: It's not bad.
B: Now, how long does it take for your contribution to vest?
A: God, I don't know.
A: It's probably a long time
A: I'm sure it's not till like twenty-five years, thirty years.
B: Yeah,
B: the place I work at's, health insurance is kind of expensive.
B: It's like hundred bucks a, a month or something for a family.
A: Yeah.
A: Huh, well, I guess what we have is like a what they call a flex benefits plan where you, you get like a certain amount of dollars
A: and then you spend it on a cafeteria of whatever you want or need.
A: Otherwise you can, uh, guess you can put, also put money, hold money back and then either use or lose it and that doesn't get taxed or can just have that money, you know, put in your paycheck.
B: Yeah,
B: we have one of those use it or lose it plans, too, where, uh, they'll basically pay for, uh, you know, child care type, uh, expenses.
B: I can send in a, uh, can send in a request for payment
B: and they'll, uh, and they'll send me, a check for the amount they withheld.
B: That's pretty good, you know.
B: It's, uh, it saves a third off on taxes or something.
A: Yeah
A: well, it depends on which company you work for.
A: I know that, like, the, the, the one plan that everyone seems to be in, in my place is, uh, you know, you, uh, think you call it plan D
A: another example like I guess it's alzheimer's Deductibles are really high,
A: it's like fifteen hundred dollars,
A: but if you go for the other ones you're paying too much money for them because it's unlikely, if you're relatively, uh, healthy, then it's really unlikely that you'd use that much, amount of money, you know.
A: So, it, someone did start a cost benefit analysis,
A: and ends up the best is to take a high deductible and, and take a loss, whatever happens to be, if you happen to be a healthy individual
B: Yeah,
B: I guess,
B: uh, on the other hand, you know, I, I had a similar, had a similar health plan