As of last week, about 1.6 million Americans had “enrolled” in ObamaCare, and of those, 1.46 million of them had actually signed up for Medicaid (in some cases against their will.)
With Medicaid already America’s third-largest government program, folks are wondering how this massive expansion won’t bankrupt both federal and state governments.
A woman in Seattle Washington, who read the fine print buried deep in her application for free health insurance through the expanded state Medicaid program, discovered a possible answer to that question.
She was shocked: If you’re 55 or over, Medicaid can come back after you’re dead and bill your estate for ordinary health-care expenses.
The way Prins saw it, that meant health insurance via Medicaid is hardly “free” for Washington residents 55 or older. It’s a loan, one whose payback requirements aren’t well advertised. And it penalizes people who, despite having a low income, have managed to keep a home or some savings they hope to pass to heirs, Prins said.