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^^^^^
It could affect the amount of your benefit come that not-so-distant day.
It could affect the amount of your benefit come that not-so-distant day.
Especially since I learn today that benefits will likely be cut the year I intended to begin collecting them, if I live that long. Life is swell.
Social Security scares notwithstanding, payments will still be shelled out.
How does Medicaid work for the elderly in the US? Are the elderly covered by Government automatically or do they have to continue to purchase coverage after retirement?Hard to say. Who knows what could happen as political winds blow. Unfortunately, for some of us, Social Security may be our only income as we stop earning income. Not everybody has an investment portfolio, rental property, company pension, 401K, IRA, et cetera. Anyone who lives from paycheck to paycheck will not have much in savings, and maybe nothing in savings. The next consideration for retirement is healthcare coverage. What happens when you leave your place of employment, and no longer have the employer's healthcare plan? Or when you can no longer care for yourself, and require some sort of assistance?
How does Medicaid work
How does Medicaid work for the elderly in the US? Are the elderly covered by Government automatically or do they have to continue to purchase coverage after retirement?
Medicare is the program for us old people. It’s not the same program as Medicaid, which covers younger people and people with disabilities. Some people have dual eligibility.
The answer is, "yes".How does Medicaid work for the elderly in the US? Are the elderly covered by Government automatically or do they have to continue to purchase coverage after retirement?
Yes, the US system is a bit of a maze to me. Our Canadian health care system is administered by the Provinces but funded by the Federal gov't and compared to the US is much more straightforward.The answer is, "yes".
Here's a link to a web site which describes Medicare (a program for those older folk like me) and Medicaid (a program for poor people). Because these two groups are not mutually exclusive, poor old folks can have both kinds. It gets complicated because Medicaid is a program administered and partially financed by each state where Medicare is a program of the federal government.
https://www.uhccommunityplan.com/dual-eligible/eligibility/medicaid-medicare-have-both
How does Medicaid work for the elderly in the US? Are the elderly covered by Government automatically or do they have to continue to purchase coverage after retirement?
BOTH as described by ChrisB, with the caveat that not everyone has (or can afford) the private plan to cover the 20% and have to pay out of pocket!How does Medicaid work for the elderly in the US? Are the elderly covered by Government automatically or do they have to continue to purchase coverage after retirement?
That's because the criminals responsible for health care here in the U.S. spend more time diverting and stealing the funding rather than simply distributing is as they're supposed to.Yes, the US system is a bit of a maze to me. Our Canadian health care system is administered by the Provinces but funded by the Federal gov't and compared to the US is much more straightforward.
I found myself walking around the house last night trying to spot things that were older than the late Queen. The house itself, for one, the clock on the mantel for another, quite a few books, a pump organ, my grandmother's breadboard, my box Brownie, a cigar box full of random coins, and my fossil trilobite. Everything else I own is now experiencing its first day in a post Elizabeth Windsor world.
This has nothing to do with the Queen, but the fact that you keep a trilobite around warms my heart.
I was wondering if the DISCOVERY of that particular trilobite was made before the queen??I found myself walking around the house last night trying to spot things that were older than the late Queen. The house itself, for one, the clock on the mantel for another, quite a few books, a pump organ, my grandmother's breadboard, my box Brownie, a cigar box full of random coins, and my fossil trilobite. Everything else I own is now experiencing its first day in a post Elizabeth Windsor world.