Posted on 04/03/2016 7:52:23 AM PDT by Oldeconomybuyer
How affordable is the Affordable Care Act, also known as Obamacare? One just needs to look at the state of Minnesota.
Blue Cross and Blue Shield of Minnesota increased its individual health insurance premiums by an average of 49 percent in 2016.
In Minnesota, many younger people may now have to pay for a portion of the health care assistance a dead parent received in the past. When Minnesota agreed to expand its Medicaid program, required asset tests were eliminated. Prior to that change, assets such as real estate were accounted for when determining eligibility. Now assets are not used against the enrollee initially but can still be used to recover the costs the state incurs during the period of enrollment on Medical Assistance after a person dies. In February, the News Tribune reported that many Minnesotans are unaware that if they are 55 years old or older and are receiving Medical Assistance, the state has the power to place a claim on their estate to recover the costs of the Medical Assistance insurance after the enrollee and his or her spouse dies. Millennials already are facing stiff government fines and higher health insurance costs as a result of the Affordable Care Act.
Now, thanks to Medicaid expansion, grieving young people in the state also may have to use their inheritance to cover additional health care costs under a provision very few people knew existed.
It's becoming increasingly clear the Affordable Care Act is anything but affordable.
(Excerpt) Read more at duluthnewstribune.com ...
“Now assets are not used against the enrollee initially but can still be used to recover the costs the state incurs during the period of enrollment on Medical Assistance after a person dies. In February, the News Tribune reported that many Minnesotans are unaware that if they are 55 years old or older and are receiving Medical Assistance, the state has the power to place a claim on their estate to recover the costs of the Medical Assistance insurance after the enrollee and his or her spouse dies.”
Our overlords are determined to reduce us all to a pre-determined lower standard of living, and eliminating the transfer of wealth from one generation to the next is key to this. If the younger people want the money, they’ll have to are pull the plug on Mom & Dad. Whites in particular will be reduced to beggars, and it is practically illegal to hire their menfolk already.
Oh really? I thought taxes paid for this and taxes they paid.
Why not apply this to welfare, HUD and every other so called “benefit”.
Your parent took welfare all their lives, now you have to pay it back....
zerOcare was forced on people when insurance companies had no actuarial tables to predict the increase in plan coverages. The idea was to force a WWII benefit on to all people, without any regard to the cost. It was so ill conceived that it has had the effect of removing all health coverage from corporations and changing the workforce to part-time. The future will be a GE with less than 50, well paid, employees and the rest on individual contract.
Zero care was designed to wreck the private health insurance industry and to raise money for the government.
So far it is working as planned.
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