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April 25, 2024, 10:16 pm
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Better read the fine print
Published:
Better Read the Fine Print
There is an extremely unpleasant surprise awaiting some Medicaid users. The Seattle Times has the scoop on an older couple who discovered the fine print for Medicaid: "If you're 55 or over, Medicaid can come back after you're dead and bill your estate for ordinary health-care expenses." In other words, Medicaid is a loan payable with your assets when you die. This isn't new, but it's a far bigger problem thanks to ObamaCare, which is going to force many people onto Medicaid who have more assets for seizing than the previously typical Medicaid enrollee. It's just yet another way ObamaCare's a lousy deal.
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Tennessee also seeks compensation from estates if Medicaid was involved.
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