Posted on 10/12/2017 8:05:12 PM PDT by NRx
Is it just income?
In the only states I know about, with Medicaid many other assets are also considered.
No they consider other assets too. You’re allowed your home and 1 car.
Are you kidding? I looked into Medicaid when I was laid off (several years ago). The forms required me to not just state my income, but to list virtually every asset I had. I’d have to be truly destitute to get it (Medicaid.)
Ditto for my Mom, more recently.
Now, if it (the Medicaid) was just for my then very young daughter, IIRC the state (IL) only looked at income, and the aid was graduated to an income scale, with a premium involved. I believe that is still the case.
Right - that’s similar to any states I directly know of... (See post I made above this one.)
Thanks for the confirmation - my experience was some years back, when I was laid off, “my industry” collapsed, and the economy in general was very bad. I elected not to put my assets at risk, as I needed them to refire an old business to try to get by. We did - barely.
Your sentiment is understood, but, who the heck can buy insurance “that day” (one gets sick)? Private insurance enrollment periods are generally VERY limited.
A bigger question is, what does it matter, when individual plans’ premiums are over $1000 a month for a family of 3 or 4, the coverage one gets for that is nil, and one makes an average income? This is all window dressing — health care costs in the US are NOT sustainable.
Thanks, I’ll look into that, but when I looked into such plans back when ObummerCare took effect (the mandate) the cost for our family was still unaffordable, tho’ somewhat less than ObummerCare Bronze Plans with a subsidy.
Now, if it (the Medicaid) was just for my then very young daughter, IIRC the state (IL) only looked at income, and the aid was graduated to an income scale, with a premium involved. I believe that is still the case.
I thought I was correct on the income since every state has to follow the federal guidelines. But there really is no ‘premium’ for Medicaid. It is a share of cost. It’s different in that you are not paying the state a premium to use Medicaid like you would an insurance company. They just don’t pay a portion of your medical bills If you have a share of cost. A lot of people get confused because they’re so used to premiums.
I processed people who had substantial income but no assets other than their home. Their share of cost was $500 and up. They still used the MediCal because they had high doctors bills some months. So for a $1000 in doctors bills for the month it would only cost them $500.
The monthly share of cost does not roll over. It begins anew each month so if you don’t use it one month it doesn’t matter.
It’s a cool picture but I’m so tired of that dumb “bigly” meme.
Trump says “big league”.
You are right.We need thousands more doctors. We have allowed them to limit med school enrollment to nothing. Competition will drive costs down.
You analyze everything like I do ;). I figure Medicare will be bankrupt when I get there. It is unsustainable but is a good deal for seniors today, who are getting heavily subsidized coverage and most didn’t pay in anything close to what it is costing.
the subsidies were illegal.
If they want him to put them back in by presidential edict, then he can similarly fund building the wall the same way.
Agreed, entirely. These days, when one goes to the doctor, they are more likely to see a youthful nurse practitioner or an import, that is, a doctor from India or Syria or...
That is nothing against Dr.'s from other countries in terms of ability -- some are great -- but many are simply difficult to understand due to heavy accents and such. Many nurse practitioners are very dedicated people too, but most just don't have the depth of knowledge, nor experience, of good doctors. I have to take my Mom to her PCP fairly often these days, and the difference between seeing the nurse practitioner vs. her doctor, whom my Mom has been with for many years, is striking.
Then there is going to the hospital, where you run into (these days) rotating, overworked staffs (including particularly the hospitalists) and no involvement of the PCP's. Continuity of care and actual understanding in depth of what's going on with the patient suffers horribly. I honestly think that shortened my Dad's life, and certainly what "quality" time he had left, by at least a couple years. But, what the heck could I do about it? NADA. It's like fighting City Hall, but 10x worse, and 100x more demoralizing.
This will take a lot of grief and a long time to fix -- at least a generation -- if it ever does get fixed.
That’s a good point: If I hang on a good while, will Medicare even still be there, and more so for my wife?
An awful lot of this boils down to a system with unsustainable costs, many of which are not even directly care related. Spending almost 18% of GDP on health care (this figure seems to vary a bit, and I’ve seen projections of over 20% by 2025) is disastrous, in the long run.
Expanding the above a bit, I look at how much is taken out of the economy by government (including the effect of over-regulation and an entirely over-the-top-complexity Federal Code including the Tax Code), how much by health care, how much by increasing corruption, how much by an overly litigious society... Purely from an economic standpoint, much less a moral view, my God, we have gradually submerged our beloved country in heavy mud and we wonder why it founders and moves so sluggishly...?
(Well, ok, most FReepers don’t “wonder”!)
There are 100s of thousands of students that could become doctors. Russia has done this for 40 years. That does not preclude specialists with aptitudes. This requires a national effort to expose this scam. I am hopeful that Trump will pick up on this and expose it.
Seems to be some confusion in the replies. States such as much do NOT require the client to pay ANY part of medical claims, whether traditional or Expanded Medicaid, or any premium.
All states verify income status for both trad and Expanded Medicaid. Assets ARE NOT taken into account for EM whether child or adult. Repeat for Paul R.: Assets are NOT Counted for Expanded Medicaid, in any state that agreed to EM.
It seems hopeless, doesn’t it?
That’s why we’ve Gone Galt. Or a modified version of it.
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