this post was submitted on 31 Mar 2023
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I was thinking about this the other day.
The way a lot of middle class kids stay middle class or even move up is by getting a nice inheritance from their parents. But with the cost of healthcare and just like nursing homes and shit is gonna eat that all up and a ton of people are gonna be getting nothing and subsequently become downwardly mobile
the latest horror is medicaid estate recovery, where people who have nothing but their house die and their kids get nothing because the state repossesses it to "pay for" coverage. so health benefits are now a loan apparently
the recent chapo with Libby Watson goes into detail