Naked Capitalism has the story How Obamacare Raids the Assets of Low-Income Older Americans.
One feature of Obamacare that Lambert Strether has mentioned in passing in his posts is that individuals over 55 who are enrolled in Medicaid are subject to having expenses like being in a long-term care facility, home services, and related drugs and prescriptions clawed back from their estates.
If Medicaid is to be part of the new Government Health Insurance plan, then it ought to be considered insurance. Typically, insurance pays for expenses that would be financially catastrophic if they should occur. Depending on what your heirs had to give up to support you in life, the loss of your estate to pay for things that you were “insured” for instead of covering the sacrifices of your heirs can be considered financially catastrophic.
Yes, this is a complicated issue, but the government should no more participate in handing poverty down through generations than it should participate in handing wealth down through generations.
If we are not ready for “From each according to his ability, to each according to his need”, then I also think we are not ready for “From each according to what’s in it for himself, to each according to what his wealth allows him to protect.”