[Nowhere Man]

I like to watch this man on YouTube, he seems to be right on, but I wanted to run this by all of yuns. Is this really true that if you are shunted over to Medicaid via Obamacare and if you own a small home or other property and sell it, is it true the IRS will take your profits from the sale to pay Obamacare? I do believe they would do this but I wanted to pass this along

[Bryanw92]

It is not beyond the realm of possibility for this government! It would make sense. You can’t afford ObamaCare due to income, so they move you to Medicaid/Medicare where there are already provisions for confiscating your wealth.

Positively diabolical.

[Aliska]

They’ve been doing it for years in my state. They take your house or any assets when you die.

[muskah]

They take not only the profit, but all the proceeds. This is not from obamacare, but has been true for a long time. You are allowed to keep very few assets when you are a medicare patient. If you have a spouse, the spouse may keep the house, and car and a few other things until the spouse passes. The gov will then recover the cost of care from whatever assets are left. That is what your assets are for, to take care of you in retirement. Why should I pay for your parents care and let you inherit their property. I have my own parents to take care of!

[Nowhere Man]

Thanks for all the discussion and info, it gives me a headache though. B-P All I can say is shows us one thing, The Man is out to screw us.

[Intolerant in NJ]

. Is this really true that if you are shunted over to Medicaid via Obamacare and if you own a small home or other property and sell it, is it true the IRS will take your profits from the sale to pay Obamacare?...well we've already seen cases reported of people who applied for Obamcare insurance and came up so poor on the means testing in the application that they were assigned to Medicaid coverage instead of a regular policy, and we know that Medicaid makes you pay down all of your assets including your house (they take all of the proceeds, not just the profit) and insurance policies if you're not married before you can start collecting Medicaid money - so I'd say yes it's true.....

[Eagles6]

Yuns is spelled yunz.

[steve86]

Have not / will not watch the video but yes, Medicaid Estate Recovery (MER) is very real.

I had looked this up a couple weeks ago (varies somewhat by state):

http://www.dshs.wa.gov/manuals/eaz/sections/EstateRecovery.shtml