- cross-posted to:
- aboringdystopia
- cross-posted to:
- aboringdystopia
You must log in or register to comment.
Our tax dollars at work, folks.
Nevermind just helping people, this is the best use of our money somehow.
But the article isn’t wrong… Medicaid is often treated as a debt to be paid.
Medical debt is a part of the estate, makes sense the debts are paid from assets.
makes sense in our sad medical system.
Conservatives used to tell me when I was a kid that one of the reasons the Soviet Union was bad was that you weren’t allowed to own anything yourself.
Hmm…
I think it was all projection and the capitalist are the bad guys
Agreed. Nothing I have experienced in my 46 years has led me to believe that capitalism has been the right path for our society to go down.
Removed by mod
This will not work. The state will sue the inheritor of the assets. The correct way to prevent seizure is for the owner to create a living trust prior to their death.
This trust would hold all valuable assets (house, car, stolen gold boullion, etc). Members of the family are then named members of the trust, meaning grandma is not the owner of these valuables when she dies. The trust is the owner. The state will not come after assets owned by a trust, since a trust is its own legal entity (like a person).
Most people eligible for medicaid can’t afford a lawyer to set one up often times though.
I wonder how hard it would be to create an organization that does that sort of work. And focus it at poor people
Yeah the Medicaid asset limits are rather low, though they do exclude a primary residence and one vehicle in the calculation. They also do an assessment going back 5 years to ensure you haven’t given away money/assets or sold assets at below market value.
