Introduced by Sen. Michael Switalski (D) on October 19, 2005, to restrict the types of annuities used as a vehicle to protect assets from Medicaid asset limitation requirements. This refers to a reportedly growing practice of senior citizens sheltering assets or transferring them to other family members so as to qualify for Medicaid health care and nursing home assistance, which is supposed to be limited to those with low incomes and few assets. See also Senate Bill 820.
Referred to the Senate Appropriations Committee on October 19, 2005.
1) Well... by Anonymous Citizen on October 27, 2005 ...I wonder what the seniors in mickey's district will think of him once word of his INTRODUCING this bill hits the streets. Reply
2) Ref: Shut Up Moochers . . . by Anonymous Citizen on October 27, 2005 Amen! Reply
3) Shut up, moochers: Medicaid is welfare by Anonymous Citizen on October 26, 2005 Medicaid is supposed to be for the indigent, those with little income and no assets. If you have assets to recover, you are cheating. So shut up and pay up, or don't take the money in the first place. Moochers. (Yes, like all welfare entitlement programs Medicaid is evil because it creates a huge moral hazard and undermines institutions of civil society that are so much more effective at helping the less fortunate, but that is a separate issue.) Reply