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Can social security fund be used for nursing homes?
There are a lot of old-age insurance clauses, so it is definitely useless to go to a nursing home. If the cost of his old-age insurance is particularly high, he can pay for it in the nursing home. The general commercial endowment insurance draws money on an annual basis. Therefore, the old-age insurance is best to be insured by social security. Only in this way can we provide for the aged more safely.
Endowment insurance can be used in nursing homes. Some nursing homes cannot use old-age insurance to go to nursing homes. Some can be used. Some nursing homes can't. The key depends on the terms. The nursing home for the aged is an income-based nursing home or a public welfare nursing home. They are different in nature, enjoy different treatment and enjoy different old-age insurance.
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