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Old 01-29-2009, 06:08 PM
 
48 posts, read 89,040 times
Reputation: 14
Default If you go on Medicaid does that effect your credit?

My best friend broke her arm and has no health insurance. She's also dirt poor and I told her to get Health+... when she applied they told her she was elligable for full Medicaid but she's worried joining would effect her credit (credit score, credit rating).

Would it?

I want her to get some coverage!
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Old 01-30-2009, 11:43 AM
 
127 posts, read 328,139 times
Reputation: 57
No. It's there for people in need and if she's a citizen she NEEDS to get her brorken arm fixed.

They may require her to pay it back when she dies though through her estate. Not sure, I think they do that in California though.
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Old 01-30-2009, 01:48 PM
 
Location: Nassau, Long Island, NY
15,512 posts, read 15,198,255 times
Reputation: 6193
Quote:
Originally Posted by thomas_72 View Post
My best friend broke her arm and has no health insurance. She's also dirt poor and I told her to get Health+... when she applied they told her she was elligable for full Medicaid but she's worried joining would effect her credit (credit score, credit rating).

Would it?

I want her to get some coverage!
As far as I know, the credit rating agencies do not keep track of, let alone base credit ratings on, who has Medicaid versus who has any other type of health insurance.
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Old 01-30-2009, 01:51 PM
 
8,752 posts, read 8,611,515 times
Reputation: 4168
Hey this is a good question though..thanks for posing it.
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