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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDC 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 states 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
Downwinder
(12,869 posts)1. Move over Kansas you have company.
leftofcool
(19,460 posts)2. States are between a rock and a hard place on Medicaid assets
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. !?!
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.
appalachiablue
(41,132 posts)3. K & R Greedy predators, it's never enough-