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Resource ID: #12267
Subject: State Government
Source: Florida Trend Magazine
Date: 2024-12-19


Florida Trend Magazine reports that "Florida's Medicaid program is turning into a middle-class and well-to-do inheritance protection scheme. Who pays? The taxpayers and poor, sick children..... Financed jointly by the states and the federal government, Medicaid was established in 1965 to pay for the medical needs of the indigent poor, including long-term nursing-home care. But today, the program is rapidly gentrifying, as middle-class and well-to-do families learn how to rearrange assets to get around Medicaid's strict means test."

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