mountainsoft
Thinks s/he gets paid by the post
This thread is terrifying to me. When I retire, I will be living off savings, with no income other than what my investments may make. I don’t want to be placed on Medicaid. I’m worried I won’t be able to qualify for ACA coverage now. I don’t know why everything has to be so complicated.
I didn't want to be placed on Medicaid either, more for the stigma than any actual coverages. However, from a cost perspective it's nice, full medical coverage, no copays or anything. We can stay with the same Kaiser plan we had when my wife was working, so we shouldn't see much difference.
We're still waiting on the income verification to see what our next step is. Hopefully that goes well and we can be done till the end of the year. Next year we'll have a steady pension income to qualify for ACA coverage.
By the way, I don't mean to scare you more, but some states have not adopted "expanded" Medicaid, which leaves an uncovered gap between Medicaid and ACA. Hopefully you don't fall in that gap, or are in a state with expanded coverage. Thankfully we have expanded coverage here in Washington state, or we would likely have fallen into that gap.
https://www.kff.org/medicaid/issue-...if-all-states-adopted-the-medicaid-expansion/