Medicaid's Dark Secret

[Northeast Agent]

Medicaid’s Dark Secret

For many participants, the program that provides health care to millions of low-income Americans isn’t free. It’s a loan. And the government expects to be repaid.

Medicaid, the government program that provides health care to more than 75 million low-income and disabled Americans, isn’t necessarily free. It’s the only major welfare program that can function like a loan. Medicaid recipients over the age of 55 are expected to repay the government for many medical expenses—and states will seize houses and other assets after those recipients die in order to satisfy the debt.

 

[somarco]

My guess is most of those folks on Medicaid will be below the threshold for probating an estate

 

[Mr_Ed]

Medicaid’s Dark Secret

For many participants, the program that provides health care to millions of low-income Americans isn’t free. It’s a loan. And the government expects to be repaid.

Medicaid, the government program that provides health care to more than 75 million low-income and disabled Americans, isn’t necessarily free. It’s the only major welfare program that can function like a loan. Medicaid recipients over the age of 55 are expected to repay the government for many medical expenses—and states will seize houses and other assets after those recipients die in order to satisfy the debt.

this is no secret.
it's been the law for over 30 years.

 

[rousemark]

this is no secret.
it's been the law for over 30 years.

I agree,,, and most of us seniors have known enough people that it has affected that we are well aware of it..

 

[JFBAgent]

Why should kids inherit, sell and pocket $500,000 from dads house when society just paid for his every bill?

 

[DayTimer]

Why should kids inherit, sell and pocket $500,000 from dads house when society just paid for his every bill?

Why didn't you read the article before commenting?

 

[JFBAgent]

I did...but thanks for reminding me on why I haven’t spent anytime on this site in ages lol

 

[PA Bill]

Lots of dopes out there (as we speak) who have mom's house sold (and the money spent) even though she's still watching "The Feud" and scratching her ass in the nursing home.

 

[JONATHAN B SPARKS]

I cropped out the attorney. His claims are in large print. Maybe Medicaid works different in CA?

 

[CALTCAgent]

Oh come on, the attorney's can tell you how to circumvent estate recovery.