when I asked a medicare question I received a couple of answers that Medicaid is for welfare, and it's working tax paying people who pay for it. In other words for non working people.. My husband worked his whole life and retired. Had a devastating stroke, and has to be in a nursing home. We had medicare at
when I asked a medicare question I received a couple of answers that Medicaid is for welfare, and it's working tax paying people who pay for it. In other words for non working people.. My husband worked his whole life and retired. Had a devastating stroke, and has to be in a nursing home. We had medicare at retirement. When you're in a nursing home you have to apply for Medicaid, because it's about $8,000 per month. everyone there is on Medicaid. If you're wealthy you wouldn't be in there. I just wanted to clear up that we were and never had been on welfare. But I do thank you for your answers.
Not every nursing home accepts Medicaid. Since you didnt buy long term care insurance, you would have to sell assets to qualify for Medicaid. If you have too much in income and assets to qualify, you have no choice but to pay privately, or go to assisted living which costs half.
You might look into Medicare providing home care for a limited time after a hospital stay. The doctor would have to authorize that because it would be nursing care.
That is correct. Many people who didn't have the foresight to purchase a Long Term Care policy must go on Medicaid to pay for nursing homes.
Medicaid IS welfare. However, Medicaid was originally intended for people such as your husband. It is the freeloaders of our society that abuse it and give it a bad name.
Medicaid(welfare) can act as a supplemental coverage to Medicare for the disabled with limited income. The Medicaid program will put a lien on the recipient's assets so they will be reimbursed after his death.
Medicaid is state welfare health coverage for whoever each state decides to pay it to. Generally, it's the poor people, children, the elderly, and the permanently disabled, with slight variations by state. Yes, it's welfare – it's funded by taxpayers.
Medicare is federal welfare health coverage for the elderly, the permanently disabled, and people in end state renal failure. It's ALSO welfare, funded by taxpayers.
You probably aren't aware of this, but what you and your husband paid in, doesn't come CLOSE to paying for the "benefits" both you you will be collecting from currently working taxpayers. According to the Forbes article below, odds are over his working lifetime, your husband paid in $88,000 for medicare, and together you will likely collect $387,000 in payouts – and another $8,000 per month for him from Medicaid, for the rest of his life, and likely another $8,000 per month for the rest of YOUR life once you hit a nursing home. Together, you guys will be collecting more than 10X what you paid in. On top of your monthly social security payments, of course, which is ANOTHER form of welfare, and included in the $88,000 you have paid in . ..
Medicaid is welfare. If your husband worked his whole life and paid his taxes, he's one of the people who paid for the program.
Most of the people in the nursing home probably worked and paid taxes their whole lives.
Most of the people on Medicaid in that situation were working people who paid for the nursing home in advance.
Don't worry, those are just smug libertarians.
Good to know. Thanks for the "Heads-up".