THEY WILL, “NATIONALIZE” ALL RETIREMENT FUNDS TO, “EQUALIZE”
BENEFITS.
it’s not just your retirement they are after:
Some 55- to 64-year-olds, who may have taken early retirement or who were laid off during the recession, have found themselves plunged into a low-income bracket. Unlike Medicaid recipients in the past who were required to reduce their assets to qualify theyre more likely to have a home or other assets.
For health coverage through Medicaid, income is now the only financial requirement.
At first, Prins was pleased at the prospect of free coverage.
BUT the more she thought about the fine print, the more upset she got. Why was this provision ONLY for people age 55 and older? Why should those insured by Medicaid have to pay back health expenses from their estates when people with just a bit more income who get federal subsidies dont? Why didnt she and Balhorn know about this before getting to the application stage?
As Prins began searching for answers, she found that even those trained to help people sign up for insurance under the ACA werent aware of this provision, nor were some government officials. In short; if you are over 55, and cannot afford health insurance; the government forces you onto Medicaid, then if you have acquired any real property in your lifetime, when you die the government gets it.
Gee; I wonder what they will do with it?