[Kenny]

What people don’t know is that if they’re 55 or older, they’re trading their estates for medical treatment. The states call these ‘recovery’ programs and they take put liens on the victim’s estate.

So all these people who think they’re getting something for nothing with Medicaid better think again. And for those under 55, Obamacare will adopt the same practice once they’ve locked us all in.

More redistribution.

[Mears]

“What people don’t know is that if they’re 55 or older, they’re trading their estates for medical treatment”

—

Most people know that,or certainly should know that. Medicaid has been doing that for many years.

.

[Ben Ficklin]

The Medicaid look back period is 5 years, so if you shelter your assets 5 years before applying to Medicaid, you can keep it.

OTOH, the VA pension money for nursing homes, which is about $2200/mo for the veteran or $1300 for the surviving spouse, has a zero year look back. You shelter prior to filing with the VA.

Either way, a man has to have a lot of trust in the trustee, which is usually a family member

But there are a lot of stories out there of very wealthy people who sheltered their assets and their bills are being paid by Medicaid.