Quote Originally Posted by kite
Is bending over the elderly and needy once again! I don't know how it is in your state but here in Ga., Medicaid has started a recovery program effective May 1. Basically what happens is if you are on Medicaid, once you die your assets are seized and liquidated. If you have a spouse, they may continue to live @ your residence but once they die the home is sold. I know this is a political issue but I decided to post here instead of the politics/religion forum so more would view it. It's business as usual for the assmunches in D.C. while the most vulnerable get bent over. I certainly hope that none of you guys ever have to be dependant on the gov't.
There's probably a loop hole in the law somewhere. What if the people decide to do a reverse mortgage on their home? The government can take their home if they want, but only after the people took all the equity out!