FIREd 4+ years ago. Been keeping my income very low, pulling about $10k from my Rollover IRA; remainder from post-taxed accounts. e.g., taxable income near zero).
Back then there was a health care mandate. Applied for ACA in my state and at my income level, was given a MassHealth plan. For those not familiar, it's a free health care plan for low income people (i.e., Medicade). That'd be me; I'm low income, but, by choice. In great health, rarely visit my doctor. So, just coasting with this plan until reaching Medicare age.
Today I get in the mail titled "Important Information about MassHealth Estate Recovery Requirements". Summarized, MassHealth will seek repayment from the estate for the total amount MassHealth paid for care. Any Property or assets that are part of the probate estate are subject to estate recovery.
Anybody else getting this notification?
Back then there was a health care mandate. Applied for ACA in my state and at my income level, was given a MassHealth plan. For those not familiar, it's a free health care plan for low income people (i.e., Medicade). That'd be me; I'm low income, but, by choice. In great health, rarely visit my doctor. So, just coasting with this plan until reaching Medicare age.
Today I get in the mail titled "Important Information about MassHealth Estate Recovery Requirements". Summarized, MassHealth will seek repayment from the estate for the total amount MassHealth paid for care. Any Property or assets that are part of the probate estate are subject to estate recovery.
Anybody else getting this notification?