There’s no such thing as a free lunch.
You’re right, but why then, pay into Medicaid if they’re going to take your money right back?
Think of it like regular health insurance. You pay your premiums, you make a claim, insurance company pays the claim and then sends you a bill. What were you paying for?
“You’re right, but why then, pay into Medicaid if they’re going to take your money right back?
Think of it like regular health insurance. You pay your premiums, you make a claim, insurance company pays the claim and then sends you a bill. What were you paying for?”
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Funding for Medicare is done through payroll taxes and premiums paid by recipients.
Medicaid is funded by the federal government and each state. Of course that’s our tax dollars, too. The government has little money other than our money.
Medicaid is not a program you pay forward. Medicaid is where you go when you have NO resources to pay your own care, it’s WELFARE. If your parents have to go on welfare in their old age to pay for their medical care, they didn’t raise very good kids, did they? You are thinking of Medicare.
This is Medicaid (not Medicare). It provides medical services to poor people. There are very stringent requirements about who is qualified to receive it. People lie all the time about their income and assets in order to receive Medicaid. If Medicaid finds out someone was receiving payments who wasn't entitled to them, they will go after that person. This is a good thing.
There are no premiums for Medicaid (Medicaid is not Medicare). Medicaid is a welfare program intended to fund healthcare for people with few or no resources.
My guess is that the man in this story did not actually qualify for Medicaid handouts because he had assets above the legal level, but for whatever reason didn’t report them on his application. Medicaid rules also prohibit transferring assets to family members or others as a way to slip under the asset limits, unless done multiple years in advance. The concept here is that if you have assets, you are expected to use them for your own needs instead of sponging on taxpayers. If the man had $300,000 in cash or investments, but rented his dwelling, should the public have paid his daughter to take care of him?
Many people don’t understand the rules, are too old and sick to deal with the paperwork, justify in their minds that they should get something for nothing, or are crooks who cheat deliberately.
No one pays into Medicaid Medicaid is an open, ended funded program from general revenues part for the United States government part from the states. There are no Medicaid taxes to speak of.
You’re confusing Medicaid with Medicare two totally different programs