Obamacare Shock: Strip Assets From Dead Seniors (Medicaid)

Western Journalism ^ | 12/23/13 | Doug Book

[Venturer]

So: In effect the County stole their property.

[Ladysmith]

I stand somewhat corrected. I was thinking more inner city population, not necessarily someone like myself who has a very small modest house and still can barely pay for the jacked-up taxes on it.

[4Liberty]

Younger people will pay for Medicaid by this direct claw back (reduced inheritance), or by higher taxes.

Does it matter which one?

We need to pay for our own things.

Too bad those with zero assets don’t have anything to forfeit - they get those pure subsidies (theft).

[Chickensoup]

Assets are inflated, too. It is a wash.

__________________

no you are incorrect. Many people have assets that are worth about their 1994 values now. The hospital inflates their Cat scan costs 2000% well they might have to drop the price a bit, those type of costs put you underwater, you lose your house and become impoverished.

[itsahoot]

wouldn't it make sense to recover that $$$$ from their assets?

It makes perfect sense if the intent is to destroy private property rights. Most family farms now have to be sold when the patriarch dies, because of the Death Tax, especially if they did not get proper advise to incorporate the farm.

Medical costs bare absolutely no relationship to the consumers ability to pay. That is the ultimate problem that needs addressed. How many people stand between yo and your doctor, all collecting a salary? Needs to be thought about.

[sickoflibs]

RE :”wouldn't it make sense to recover that $$$$ from their assets?
.....
It makes perfect sense if the intent is to destroy private property rights. Most family farms now have to be sold when the patriarch dies, because of the Death Tax, especially if they did not get proper advise to incorporate the farm”

In this case we are talking about someone on medicaid(a version of welfare), and medicaid usually paying nursing homes costs, sticking the future taxpayers with the bill which is usually very costly.

Not collecting that $$$ on death is the same as transferring it from the future taxpayers to the dead patient’s heirs.

Its theft to not try to recover that $$$.

[sickoflibs]

So in this case if the patent didn’t sign up for medicaid and he has assets then the hospital or nursing home can go after them. And that could be a problem if a spouse co-owns the house.

As opposed to medicaid (future taxpayers) paying for it and then on death the government goes to the dead patients estate to get the $$$ back.