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URL:  https://boards.fool.com/im-going-to-take-one-more-crack-at-this-thread-16195608.aspx

Subject:  Re: Protection of Assets from Medicaid Date:  11/30/2001  7:32 AM
Author:  saml72933 Number:  7565 of 22193

I'm going to take one more crack at this thread. If I get flamed, so be it.

All too often, I see comments about retirees unfortunate circumstances, such as-- Life is unfair-- So what?-- Spend down the nest-egg until it's gone-- in effect, reduce them to pauper status-- then maybe we as tax payers will help.

I think there's another way to look at such problems.

As a tax payer myself, I would prefer to leave a couple with a moderate nest egg, and help them pay the temporary excessive medical cost up front.

Why? Because, in doing so, you still allow that person self support for the rest of their lives, rather that making them wards of the state. This is not to mention their dignity and self respect as members of society.

I would not deny them my few pennies, which help make up the billions in government coffers. It has been and will continue to be spent in much worse ways.

Sam
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