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Alert! Go on Obamacare Medi-Cal/Medicaid and lose your family home!

from The News Doctors:

Here is a bit of information that I couldn’t find on the Covered Californa website. In fact, it didn’t occur to me to look for it until a client recently asked me this question:

“I’m 55 and eligible for the expanded Medi-Cal program. If I go on the program will the State of California come after my property?”

When she asked me this simple enough question a few thoughts went through my head: Before the Affordable Care Act (AKA Obamacare) you could only be eligible for Medi-Cal if you were extremely poor. You couldn’t have more than $2000.00 in assets, in fact. 

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