1965: The federal government adopted Medicaid to provide health care for poor people.

1966: New York adopted Medicaid .

1988 - Medicare Catastrophic Coverage Act of 1988

1993 - OBRA 1993 <!– 2016 Begley - Problem:

Requirements

Income only trusts are permitted by OBRA-93.[1] They must be irrevocable. The trust instrument provides that the grantor or the grantor’s spouse receive all of the income from the trust, but has no access to principal.

[1] 42 U.S.C. § 1396p(d)(3)(B). –>