/johnny
I believe the author intended to write “Medicare” instead of “Medicaid” in the article.
Medicare is health coverage for older Americans that theoretically is paid for by payroll taxes.
Medicaid is Single Payer insurance for the poor, which will soon be most of the USA.
sounds like BS. have not heard of anyones house seized by medicaid.
All a homestead does is give you a break on taxes, they are less if you homestead the place. It wouldn't have anything to do with Medicaid. If this guy is right, anything spent on you through Medicaid is repaid as much as possible by taking your house after you die.
This needs to be checked out to see if it is true. A person without insurance and no money to buy a plan because they are unable to work, could get coverage through Medicaid and that's a good deal but if his/her house is taken after he/she dies, that's really bad. If he/she doesn't care what happens to the house after death, okay, but if he/she does care, it's a problem.
I think search the Medicaid website to find out for sure or one could contact one’s US representative or Senator to let him/her find out. It think this is important enough, a Rep or Senator would want to know.
I know for sure the IRS can take money out of your bank account so it may be the IRS who would actually take ownership of the house. Lots of people are signing up for Medicaid so they need to know if this is true or not.