3 million in middle class could soon get cheap Medicaid benefits 

WHAT: Millions of early retirees, such as married couples with annual incomes of $64,000, could qualify for nearly free Medicaid insurance meant for the poor, in an Obamacare glitch discovered only after the bill was signed.

HOW: Retirees can start collecting Social Security at 62, but can’t get Medicare till 65. In 2014, Social Security benefits will no longer count as income for determining Medicaid eligibility while waiting for Medicare.

WHY IT’S OUTRAGEOUS: This loophole is comparable to allowing middle-class people to qualify for food stamps. Medicare chief actuary Richard Foster says the potential cost drain keeps him up at night.

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Staff Report

Staff Report

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A daily newspaper covering San Francisco, San Mateo County and serving Alameda, Marin and Santa Clara counties.
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