Case Study Idaho :: Ramona

Ramona, Idaho, has ancestry in Basque region of Spain.

Limited Savings and Family Far Away

The Stroke

Ramona is an 87 year old, 2nd generation from Spain.  She had been living alone in her home for the past seven years since her husband passed away in his sleep.  Ramona suffered a stroke while her daughter, Sofia, and family were visiting for Easter.  The physical consequences from the stroke necessitated Ramona be moved from the home to Long Term Care in her hometown of Boise, Idaho.

Finances

Ramona and her late husband, Ernst, have modest savings.  $10,000 is in a savings account as a modest fallback plan.  She receives $1,221 a month from social security after working most of her life in an Inn.  Ramona owns her home and a low mileage Volkswagen.  Ramona’s daughter, Sofia, and her husband live in Manhattan, Kansas.  At 66, they have just recently retired and now only occasionally work at the Flint Hills Discovery Center.

The Story

Ramona entered long term care on the 19th of April, at a nice run of the mill facility.  She has a semi-private room due to costs.  Her monthly bill comes out to $7,452.  The cost just to move in brings Ramona’s savings to $2,5 48.  Sofia and her husband recognize that the cost of care will be more than the social security benefit, so they decide to sell the car and list the house.  The car sells quickly and brings in $7500.  With another month of social security and the gains from the car, Ramona and her family are able to pay for another month. Continue reading “Case Study Idaho :: Ramona”