Courtesy of Mish.
Here’s the moral dilemma of the day:
Suppose you are a staunch Libertarian, doing reasonably well and you don’t need food stamps. Yet, under perverse rules, you qualify for them. Should you take them?
Reader Steven faces that exact question. Steven writes …
Hi Mish
In response to your article 40% of U.S. on Welfare; Obamacare Expands Welfare by 23 Million; More on Welfare Than Full-Time-Employed I confess my own moral dilemma.
I am the beneficiary of trusts left to me by my parents. They are not huge, but they sustain me and my children. I prefer to spend time with my kids rather than pursue regular employment.
Until the beginning of this year, I was purchasing my own health insurance under a high deductible plan, that cost nearly $300 per month. It had risen steadily from $169 when I first obtained it two years ago. On December 31, my plan was essentially made illegal, with another plan costing nearly $600 put in its place.
I didn’t have that much of a medical budget so I cancelled the plan. Three months later and in desperation for coverage, I spoke with an insurance agent who was sure, based on what I was telling her, that I would not qualify for Obamacere subsidies, but I would qualify for Medicaid which was a “better’ program as it covers more services. She told me to march down to Medicaid with all my documentation and apply for coverage, which I did.
Because my trusts make all the money, my personal income is well below poverty line. Nevertheless I live quite comfortably. All the same, they eliminated the asset test for both Medicaid and food stamps, and am now receiving both.
I told my social worker the truth. I do not want to deal with a benefits fraud rap.
Because I have two dependent teens in my home, I now receive almost $500 per month for food in addition to the Medicaid coverage, which is pretty convenient. You should see the look on the cashiers’ faces when, after paying for my food with the EBT card, I then pay for the non-food items with an American Express card, or even my black Visa card.
On the minus side, there are very few doctors in San Francisco worth visiting who accept Medi-Cal. I have yet to choose a doctor or a plan, and have been on the phone with state assemblymen and the Medi-cal ombudsman seeking better healthcare alternatives. …
