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Friday, December 20, 2013

OBAMA'S CHANGE: THOUGHT MEDICAID WAS FREE? THINK AGAIN!~YOUR ESTATE WILL PAY BACK BENEFITS

Another ObamaCare Surprise: 

Estate Recovery


SEE: 
EXCERPTS:
"States must pursue recovering costs for medical assistance consisting of nursing home or other long-term institutional services, home- and community-based services, hospital and prescription drug services ... and any other items covered by the Medicaid State Plan."
"At a minimum, states must recover from assets that pass through probate ... at a maximum, states may recover any assets of the deceased recipient."
"With the expanded definitions under Medicare, millions are going to be invited into the trap of free Medicaid coverage instead of the expensive exchange coverages only to find that they, and their heirs, will be forced to learn once again the rule about “free”: There's no such thing as a free lunch."
"So, the feds have created a situation where you can lose the coverage you could afford, can’t afford the replacement plans, and are forced into Medicaid which will allow the state to come after your assets when you die."

VIDEO: Medicaid Estate Recovery Program; Protect your Home:


VIDEO: Medicaid Asset Protection and 

Estate Recovery In New Jersey: