How Obamacare is Cutting Your Salary -- And Your Vacation Budget

Discussion in 'Politics' started by gwb-trading, Feb 6, 2016.

  1. jem

    jem

    your name is apt.

    when I read your posts... some days it seems that you have had the proper intellectual stress and you provide genius sounds and other days it seems that intellectual sounds hit you but you turn them into garbled stress.

    here you played a thoughtful concerto.



     
    #31     Feb 10, 2016
  2. piezoe

    piezoe

    Thank you Jem. I should have said written medicaid, not "medicare."
     
    #32     Feb 12, 2016
  3. Ricter

    Ricter

    Now if you're in need of healthcare and didn't have good or even any insurance previously, ie. you are below the median US income and not employed by a company offering group coverage, then the ACA has improved your financial position and probably made any vacation plan you may have had more achievable.
     
    #33     Feb 12, 2016
  4. keep in mind unlike foodtstamps which are based on your total net worth plus income, medicaid (and I think ACA) is only based on income, so at todays rates you could put a million in the bank and still qualify for medicaid
     
    #34     Feb 12, 2016
  5. piezoe

    piezoe

    Actually assets are considered when deciding whether an individual qualifies for medicaid, but there are many rules. See the internet.
     
    #35     Feb 12, 2016
  6. ok, I'll check it out. I know in my state my daughter works in the education system working on her PHD and makes a little money teaching. She says she pays $8/mo to get expanded medicaid. And she has quite a bit in a 529 or 539 whichever it is for her kids college education. Not to mention her Roth.

    Conversely, she says she just got a bill from the food stamp office for $420 because she was paid benefits when she had too much in assets.
     
    Last edited: Feb 12, 2016
    #36     Feb 12, 2016