They specifically made it for age 55 and above, all those folks getting forced by unemployment or trickle up poverty into MEDICAID and subsidies, but too young for Medicare
And you can also get screwed if your income goes up or family circumstances change - then the IRS will come after you to repay your healthcare insurance “subsidy"..guess they can also come after your heirs if you die, they seem determined to get the assets of the elderly and middle class, to redistribute
and Nancy Pelosi stands there and parses this as the AFFORDABLE AFFORDABLE AFFORDABLE Care Act
It's a govt loan, not a "subsidy"
And most people aren’t even aware of it. Obama care removed the asset limits, so more people qualify for Medicaid, and there’s not an alternate on the exchanges. So people either accept the Medicaid, or pay a fine. Quite a little pincher manuver.
Then there is the Medicaid expansion that is being pushed for those at 139% of poverty. I haven’t heard anyone mention to the people that are for it, that the government will lay claim to the recipient’s estate.
I talked to my State Senator about this on Friday. Nary a word from the people pushing this, and the Republican response that gets press? There’s not such thing as a free lunch. Pubbies just can’t articulate facts that help their case it seems.
Hypthetically, the people can go on Medicaid, never use it, and drop dead at home, and I guess their estate will be charged for the “value of that insurance”. That could be some serious bucks, depending how they calculate it.
My private insurance was a 5000 dollar deductible 80/20 with no Rx, for just me and it cost me $800 dollars a month. I never spent more than %500/year for my medical care during all that time. I did benefit from the insurance company’s negotiated rate vs the individual rate for non-insured.