Sunday, August 7, 2011

Why is it that after health care reform your health insurance is still dependent on you having a job when the?

first thing you lose when you get really sick is your job. To get on Medicaid you would first have to have a fire sale of you home, car and all of your assets. You cannot have more than 300 dollars in assets.
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Employers will be required to subsidize the health insurance costs not only of their employees but also of their employees' children up to age 26. I guess the insurance companies prefer large corporations as their customers rather than the insured employees. Many people do not know the difference between Medicare and Medicaid. Some states do have some onerous requirements for qualifying for Medicaid. Nursing home patients who are forced to go on Medicaid to pay their bills have to first divest themselves of their assets. They may be able to keep about $2000. If they have a life insurance policy, they have to cash that in and use up that money first. If it is likely they could return home, they may be able to hang on to that for a while, but more often it has to be sold, and when someone has to sell under those circumstances, the price is low,
Source

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