Posted on 12/04/2013 12:57:49 PM PST by steve86
The Fed is paying 100% of the medicaid expansion for the first three years, then it drops off to 95% and then 90%.
But the Fed is already broke, and in later years, the state takes on a larger and larger burden.
The money just doesn’t seem to be there.
You are not alone. I videotaped a health care meeting at our local library with 2 navigators. There were about 20 people there, 3 left in the first 20 minutes because they are in the same boat as you. Not allowed, get it, NOT ALLOWED to buy the insurance because they do not make enough money, but make too much to be on medicaid. Others there are NOT ALLOWED to buy insurance in the private market place because she has an expensive plan at her work that she can not afford.
I actually stated to tear up realizing what has just happened to our country, it *()$&#$ GONE. No more are we allowed to make money for our own life, we have to ask permission just to live. I am really at the end of my rope with our government and it's ilk.
Does anyone here know if I could put my house in my children’s name now?
they are almost 18 and yes I trust them completlety
Well certain assets are NOT counted against government benefits - your house, your car, your personal possessions and a minimum amount of income in the bank.
Unless you’re very well off, there’s nothing for the government to claw back when you’re 55 and over.
I’d solicit some advice from a trusted attorney in your state.
There is a wealth of misinformation on this subject and the implications are profound.
If you’re in Indiana, PM me and I’ll give you a good connection.
I plan to die penniless- leave NOTHING for the feds to latch onto
The 66,000 were qualified under the old rules but were not on Medicaid yet so they are new. What you are suggesting is that the feds only do the whole amount for those making between the old earnings limit and 138% of the poverty level. I don’t think a state would go for that.
To be left on the doorstep of the next President.
I'm way ahead of you...I'm already penniless! LOL
I was greatly assisted in my plan by my wife and 3 kids.
Actually, we're on a good path, but it's a struggle staying on it.
It is my understanding, the people enrolled under the old rules are financed under the old rules. This is why the article states they were put on Medicaid immediately and did not have to wait to 2014 like the persons on expanded Medicaid. This is called the “woodwork” effect”, people now becoming aware they were eligible for an entitlement. There are 1.2 million in Washington state on Medicaid, so I expect their budget increased by 5.5% (66k/1.2M).
Here is a link for the woodwork effect and its potential to break budgets:
http://www.forbes.com/sites/theapothecary/2012/07/13/why-states-have-a-huge-fiscal-incentive-to-opt-out-of-obamacares-medicaid-expansion/
Point taken.
Personally, from what I have gathered, whatever the Gov’t touches, turns into a turd.
150,000 takers v. 18,000 makers.
What could possibly go wrong?
I’ll be dying penniless too....only it won’t be by choice, unfortunately.
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