My parents are elderly and low income. If they qualify for the Obama Care would they loose their home when both of them pass away?
Nothing in ObamaCare (the Affordable Care Act) affects one's assets when they pass away. There is however a 3.8% tax on investment income which applies to the sale of non-primary homes over $500,000.
Typically a low-income senior would qualify for Medicare. Some Medicare plans offer cost assistance. If they aren't 65 yet then they may also have Medicaid options.