Definition of Aphorism. An aphorism is a short saying that expresses a truth in a memorable way. Aphorisms can sometimes be humorous, but are not necessarily so. They often have some parallelism or juxtaposition to make the point, such as in the example of Lord Actonâs famous quote âPower tends to corrupt, and absolute power corrupts absolutely.â. Hippocrates, the ancient Greek physician, coined the term aphorism.
79: Average age upon admittance to a nursing home. 40% : The percentage of individuals who reach age 65 who will enter a nursing home during their lifetimes. 892 days (2.44 years) : Average length of stay for current nursing-home residents, 1999.272 days (8.94 months) : Average length of stay for discharged nursing-home residents, 1999.113,640: The maximum amount of assets a healthy spouse can retain for the other spouse to be eligible for long-term care benefits provided by Medicaid. 49 %: Percentage of nursing home costs covered by Medicaid, 2002. 25 %: Percentage of nursing home costs paid out of pocket, 2002.
The average length of stay for DISCHARGED residents is 388 days, or just over 1 year. Many people use the first figure when discussing the average length of a nursing home stay, but I think the DISCHARGE data is more meaningful.Read Why.hen planning ahead for the financial burden of long term care you need to decide how you will handle the not-insignificant risk of a very lengthy stay rather than planning for the 'average' length of stay of one year.