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California put the wealthy on welfare—and you’re paying for it

Summary by Press-Telegram
Medicaid is supposed to be a safety net for the poor, but California has turned it into welfare for the wealthy. In California, literally no amount of wealth now disqualifies someone from eligibility. Last year, the state eliminated its asset test for Medicaid, which the state refers to as Medi-Cal. By scrapping asset limits, the state lets high-net-worth seniors tap its costliest long-term care (LTC) benefits—sticking federal taxpayers with the…

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The Mercury news broke the news in San Jose, United States on Monday, April 21, 2025.
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