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Obamacare leads to shotgun wedding - Printable Version

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Obamacare leads to shotgun wedding - DrTorch - 12-19-2013 03:18 PM

http://finance.yahoo.com/news/obamacare-shotgun-wedding-marry-lose-091500078.html

Quote:Here’s where the law of unintended consequences comes into Obamacare. Thanks to the exchange programming, consumers are getting enrolled in Medicaid whether they understand what that means or not, and in much greater numbers than before. (In the first month, nearly 90 percent of all the enrollees in the federal and state exchanges were Medicaid applicants.)

Unless they look at the fine print in the paperwork in Washington and other states with similar asset-forfeiture regulations, any assets they own will not pass to their heirs but to the state instead.

http://finance.yahoo.com/news/obamacare-shotgun-wedding-marry-lose-091500078.htmlPrins and Balhorn are hardly alone in Washington. Adults between the ages of 50-64 account for 18 percent of the enrollments in the state’s Apple Health Medicaid program, and the seizure regulations apply in their cases for those 55 and older. The state exchange uses only income levels to means-test Washington applicants for the program, which means most of them will have no idea that their assets are at risk until it’s too late.

“People will think this is wonderful, this is free insurance,” Dr. Jane Orient, executive director of the Association of American Physicians and Surgeons, said in an interview. “They don’t realize it’s really a loan, and is secured by any property they have.”



RE: Obamacare leads to shotgun wedding - Jerry Falwell - 12-19-2013 04:24 PM

Nobody would be a better President than Obama.

Seriously, if nobody was president, we would be better off.


RE: Obamacare leads to shotgun wedding - JMUDunk - 12-19-2013 05:16 PM

Can't wait to see the in depth discussion of this on Sunday morning with Stephie and David Gregory.

I'll start the popcorn now.


RE: Obamacare leads to shotgun wedding - smn1256 - 12-19-2013 06:23 PM

Seriously, what is the purpose of all this insurance crap when we're more valuable to Obama if we're dead? Where is their incentive to keep us alive?