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I didn't know that; thanks for the warning. I'm not surprised. The govt will get as much out of you, often involuntarily, that they can. I've been paying a really high tax bill for several years now until this year.

I have one sizeable investment and would rather not be on Obamacare. It is dreadful. I almost wish I didn't have to be on Medicare anyway.

My daughter has a sizeable investment from which she gets so much a month from a broker investing it for her. I told her to make sure, but she still can stay on Medicaid for her and her son because it's based on monthly income. Also food stamps.

There are not going to get any out of me for a couple years because I am trying to save my investment, and I haven't sold any grain all last year. I will have a huge NOL which will carry forward as will I don't know how many other farmers. They are all waiting for grain prices to go up because there are two years of record yields; IOW a glut. It's abysmal to try to keep up with it all. You know you should be thankful, and are, but when you realize just how vulnerable you still are, there's no sense of security.

Re posts 27/28, you may think that you now “know that” but it’s not true. See post 34. “bitt” is ill-informed. “I read” something, when the difference between Medicare and Medicaid is confused or not understood is meaningless.

Your comment about your daughter is interesting because she apparently has significant investment income. Your advice to her to “make sure” was well advised.

She may not have actually done so — Medicaid AND food stamp programs in most states have very stringent asset limits, particularly on investments other than a homestead.

Obviously, if someone has 25 or 50 or 100K in non-homestead investments, they obviously don’t need Medicaid or food stamps nor do they generally qualify for them.

If she has investment assets in excess of any applicable limits for either program, she might be faced with demands for repayment in the future. Not a good thing.

You might want to warn her to “make sure” again. If assets weren’t mentioned on any form signed under oath, it opens up the possibility of criminal prosecution if some prosecutor is out to make a name for themselves. A much worse thing than a mere demand for repayment.