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To: Soul of the South
These people are not yet 65, and are living on savings while waiting for pensions and social security to kick in at 65-67, so they have no earned income to report.

If they live in an expanded medicaid state, they would be eligible for medicaid if they had no income since assets don't count. If ACA sticks around there will be all sorts of financial planning going on to keep income low in order to get maximum subsidies and lowest deductibles.

12 posted on 01/18/2014 5:04:37 AM PST by EVO X
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To: EVO X

“If they live in an expanded medicaid state, they would be eligible for medicaid if they had no income since assets don’t count.”

There has been considerable discussion of Medicaid eligibility on the early retirement forums as well. Most early retirees having financial assets or property investments won’t go on Medicaid because the government can take assets from the estate to repay Medicaid. They prefer subsidized Obamacare policies.


16 posted on 01/18/2014 6:07:19 PM PST by Soul of the South (Yesterday is gone. Today will be what we make of it.)
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