Anyone else planning on retiring early due to the availability of health insurance

[kelly1mm]

16. Wrong. See new eligibility requirements under ACA. No asset limits after 2014.

Here is an excerpt from the federal register:

No Resource Test or Income Disregards (Sec. 435.603(g))
Comment: Many commenters supported the proposal to prohibit
consideration of assets in determining financial eligibility for
Medicaid and CHIP. A few commenters recommended retaining the asset
test because eliminating the test entirely could incentivize people
with significant assets to stop working and could result in others with
significant assets, but minimal income, being enrolled in Medicaid at
the taxpayer's expense.
Response: Section 1902(e)(14)(C) of the Act, as added by section
2002 of the Affordable Care Act, expressly prohibits consideration of
assets in determining eligibility for individuals whose financial
eligibility is based on MAGI methods. We do not have the flexibility to
issue regulations to the contrary and are finalizing the regulation at
Sec. 435.603(g) as proposed. We note that currently almost all States
do not consider assets when determining children's eligibility for
Medicaid and nearly half of all States have also dropped the asset test
for parents.




Here is a link:
http://www.gpo.gov/fdsys/pkg/FR-2012-03-23/html/2012-6560.htm