A secret buried deep in the fine print of the Affordable Care Act (ACA) is the latest proof of Obamas master plan to confiscate your wealth-in life and in death. A chilling revelation is now coming to light in certain states, where Medicaid applicants aged 55 and over are discovering that Free Health Care really isnt all that free. In fact, quite the opposite is true. Once you die, Medicaid can come back and bill your estate for what you owe them for ordinary health care expenses. The new expanded Medicaid program in Washington (all thanks to Obamacare) includes estate-recovery clauses that will allow for collection of nearly all medical expenses. Things like routine tests, doctor visits, and preventative care can now haunt your loved ones after your death. This recently uncovered death tax is just like a predatory loan, where the banker doesnt disclose the payback requirements that will be expected of you, leading you and your family to end up in debt. The worst part-those who have managed to protect their wealth in homes and savings despite their low incomes will be penalized. This Medicaid loan is secured by those assets (like your house), and the heirs of the insured will suffer since the estate tax can apply to property, too. Translation: If your kids cant pay for your expenses when Obama comes collecting, they could lose your house to pay whats owed to Medicaid. I saw this in an article in a money periodical. I am certainly going to look into this as it is going to cause more than a ruckus with estate planning/administration.
Posted on: Thu, 20 Mar 2014 14:51:05 +0000
Trending Topics
Recently Viewed Topics
© 2015