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Updated over 1 year ago on . Most recent reply

User Stats

40
Posts
7
Votes
James Defazio
  • Rental Property Investor
  • Huron, OH
7
Votes |
40
Posts

Does anyone qualify for and use Medicaid for Health Insurance?

James Defazio
  • Rental Property Investor
  • Huron, OH
Posted

Can’t seem to find much information on this but my family and I have qualified for Medicaid for like the past 5 years and we are full time real estate investors with no w2 income. The income eligibility allows us to use our AGI instead of our gross income and so depreciation, expenses, utilities, maintenance ect is all taken off our income and so obviously our taxed income is low enough that we qualify. Could anyone give me pros and cons on this? Most of the posts on health insurance seems that people purchase private health insurance...is there a reason to do that rather than Medicaid? I just assumed that free health care was better for cash flow than paying for it but would like to get some advice from others. We’re in the state of Ohio thanks! 

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