I am on Social Security disability. I don't have any source of income except SS and whatever interest I receive from a small IRA savings account. I own my home free and clear, and I have the afore mentioned IRA savings account. I do NOT qualify for mediCAID but I do receive mediCARE benefits. I have recently incurred some large medical expenses due to my disability, and mediCARE has paid out quite a bit of money on my behalf. Here are my questions:
Can mediCARE seize my house and/or IRA account for reimbursement?
If so, can they do it while I'm still alive?
Is there any way I can protect my assets from such seizure?
I know that mediCAID can and does seize property for reimbursement, but does mediCARE?
Thanks for any help you can give me,