[quote="2seaoat"]I guess this applies to anyone on Medicaid now
No
I am thankful we have a knowledgeable insurance person who is so polite with the idiocy which is like an old timex watch.....they keep on ticking....even after a licking.
Yes this has been going on for over 30 years.
Now to answer utter ignorance, and especially from someone who is suppose to be a real estate professional. A person has a modest 30k home paid for but no income except a small social security check. He has no insurance. He gets sick and has 50k of medical bills after his death....whether it is the government, the doctors, or the hospital, they can make a claim for those services of the last illness against the estate and the probate judge can sell the home and apply the net proceeds to those bills.
Now that same person signs up for the affordable care act and because he has no real assets and income is placed on medicaid. The Attorney general if each state will file a medicaid lien on that home, but different than the person with no insurance, the hospital and doctors are paid. The difference is that the state will not foreclose on that lien until any surviving spouse or children have died or sold the house and moved, so the affordable care act actually gives uninsured persons protections they would not get but for being on medicaid.
You cannot handicap stupidity.[/quote
That's true so I will not try with you.
No longer has anything to do with their assets. If their income is very low, they get stuck with Medicaid. If they don't like it, and want to pay for their old insurance, tough, you're stuck with Medicaid.