death tax via fiat
If someone is going to require me to pay their medical bills while they’re alive, I see no reason not to ask for repayment from their assets after they pass on.
Democrats, communists (redundant?), and union members (redundant again?) excepted, of course.
Great post. Thanks. Socialism Is Legal Plunder - Bastiat
TOTALITARIANCARE (force) is a Pandora’s Box of deception, lies, plunder & death…the likes of which this republic has never seen.
He has erected a multitude of New Offices, and sent hither swarms of Officers to harrass our people, and eat out their substance.
That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happines
This is what happens when you PASS THE BILL FIRST, then find out what is in it next
DEPOPULATE socialists/totalitarians of both parties from the body politic.
CONFISCATE all of their assets for the unparalleled comprehensive damage they have done to the republic.
After all, it isn't really accumulated wealth unless one has paid their bills along the way.
“This could end up with the deceased person’s heirs losing homes, property and other assets.”
Heirs losing inheritance. Not their own assets they’ve earned.
Doctor “I have some bad news, you only have six months to live, and you’ll owe taxes after you die.”
Patient: “But I can’t pay those taxes.”
Doctor: “Ok, I’ll give you another six months.”
-With apologies to Henny Youngman
If you incurr the costs why shouldn't you be liable for them? The alternative is that someone else pays for your health care through their taxes.
I’ll wait till I’m about dead, get a government backed reverse mortgage on my house, give the money to the kids and when I die, the government can repossess a house from a bank they backed the mortgage on.
In California they will recover anything they spent on welfare or medical.
I had a deadbeat cousin that my aunt wrote him out of her will because the state would have taken every cent.
So, if you don’t want to give your estate to the government, you must not accept medicare. Or obamacare. Or any kind of care you don’t pay cash for.
Eventually they’ll close that loophole too because, in the end, you and your estate belong to them.
This article is not very clear - and indeed, Medicare/Medicaid rules are a hairball of confusing regulations.
I am going through this now with an elderly relative, who is in Medicare. Medicare insurance is covering hospital stays now, but when we reach the limit, we will need to draw down her assets. After those are gone - she will then be eligible for Medicaid.
The point of this article, I believe, is to point out that some elderly who have signed up for Obamacare may be forced into Medicaid, even if they did not intend it - meaning that the government will want all their assets before treating them. Surprise!
This is why I intend to let nature take its course and refuse to be a burden on my family. I’ve worked hard my whole life and a big part of that is to secure a future for my family after I pass, especially my wife.
I saw my grandparents and father given a death sentence diagnosis then spend months and months letting them suck their insurance dry. How many times we heard “Medicare will cover “x” treatments” or “x” therapy or “x” tests, always the maximum number and no further. It was a system they had down pat to milk everyone as much as possible before they died, and I really want no part of it.
If they can give me quality of life then I will do it, but if they are only looking to give quantity then let me say goodbye, give me something to ease my going, and let life go on.
Of course people have said “You talk like that now, but wait until it ever really happens and see how you feel,” I really don’t think my mind will be changed though, I truly believe that when your time has come then bowing out gracefully and under your own terms is how it should be done.
The state considers it a loan by the taxpayers. Therefore, the state a put a leon on anything of value when she passes on.
They are interested in real property, coins or even collector cars. Incidental property of little value really doesn't concern them because of the hassle to turn that type of property into cash.
Some states have a “filial responsibility” law. A guy just a lost a case in Pennsylvania recently where he’s on the hook for his dad’s bills.
I am not defending Medicaid. I detest all Federal entitlement programs. IMO, they are among the leading causes of the decline of this country, both financially & socially.
As a matter of personal responsibility, one should pay their own way. If you fall ill, young or old, isn't the medical bill yours to pay? Who else should be responsible for your medical care & its costs?
Lacking insurance, would you sell everything you own, if necessary, to preserve you own life or the life of your spouse or child, to buy the medical care necessary to restore health, even if there was a real possibility that care might NOT be successful? People do this all the time, even with insurance.
This issue is about inheritance, for you can't take it with you. I understand the tragedy of losing the family farm, land, historic home, etc. But, if there were no Medicaid, no insurance, nothing but fee for service, wouldn't many families sell those things to preserve the life of one of them? Many would, some would not. That is a family choice. But, no one has the right to ask the community to sacrifice, to pay the bills, so that they do not.
All of us are gonna die. For many of us, the end years will difficult, requiring care & supervision. The way to make this the least painful for everyone is not a bloated, corrupt Federal program. It is a prosperous society where responsible individuals & families are able to do for themselves what is best for them until the end.
FYI, there are exceptions to what the gubmint will take & ways around it if done years before Medicaid is possibly needed (give it away before they can take it), but they also take the soc. security benefits, & will go after recent, substantial gifts made to heirs. I went through some of this 10 years ago. It is tricky - see a financial guy familiar with Medicaid law long before the need may arise.