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Omaha Steve

(99,632 posts)
Tue Apr 21, 2015, 09:25 AM Apr 2015

DC tries to repeal the estate tax on 1% while Lincoln, NE will now tax estates of those on Medicaid!


U.S. House passes estate tax repeal despite veto threat: http://www.reuters.com/article/2015/04/16/us-usa-tax-estate-idUSKBN0N723C20150416?feedType=RSS&feedName=domesticNews

Here is what the NE State Legislature is doing to go after the estates of those on Medicaid.

With vote on Medicaid reimbursement bill, senators heed call to give state wider net: http://www.livewellnebraska.com/health/with-vote-on-medicaid-reimbursement-bill-senators-heed-call-to/article_c9a5aafa-79b0-54c3-ac90-a716b1b68622.html

Posted: Tuesday, April 21, 2015 1:00 am
By Paul Hammel / World-Herald Bureau

LINCOLN — A proposal advanced from first-round debate Monday aims to increase the money the state recovers after deaths to defray Medicaid expenses.

State Sen. Paul Schumacher of Columbus said the state needs to be more aggressive in collecting such funds as more and more baby boomers enter nursing homes and their bills end up being paid by Medicaid, the state-federal program that provides health care for the poor.

Many people, Schumacher said, die with assets that could be recovered to pay such costs, but the state’s recovery program is netting only about $4 million a year, leaving taxpayers with the bill.

In 2003, a state study estimated Nebraska could recover $10 million a year more if it were more aggressive in seeking reimbursement, the senator said. He said the figure is probably higher now.

FULL story at link.

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DC tries to repeal the estate tax on 1% while Lincoln, NE will now tax estates of those on Medicaid! (Original Post) Omaha Steve Apr 2015 OP
Move over Kansas you have company. Downwinder Apr 2015 #1
States are between a rock and a hard place on Medicaid assets leftofcool Apr 2015 #2
Here in this state, you cannot have over $2k in assets and $575 per month in income. !?! Hestia Apr 2015 #4
K & R Greedy predators, it's never enough- appalachiablue Apr 2015 #3

leftofcool

(19,460 posts)
2. States are between a rock and a hard place on Medicaid assets
Tue Apr 21, 2015, 09:37 AM
Apr 2015

If they don't go after assets or at least make an attempt, they lose federal funding for Medicaid. At one time the State of Kentucky would not go after assets but then got threatened with the withdrawal of federal funding. This happened to Kentucky twice so now they do go after assets.

 

Hestia

(3,818 posts)
4. Here in this state, you cannot have over $2k in assets and $575 per month in income. !?!
Tue Apr 21, 2015, 02:41 PM
Apr 2015

This includes SSI income! It does change if you have a spouse. What is there to go after, you are made to spend down before you can go into nursing care and there are rules for homecare. Seems they would spend more than they could take in.

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