Medical Card Taken Away Due To Notional Hse Interest On Savings

Medical Card Taken Away Due To Notional Hse Interest On Savings. Medical card taken away due to notional hse interest on savings. The irish times news automated feed no censorship, just news.

However, there are certain exceptions. Savings or similar investments of €36,000 for a single person and €72,000 for a couple are disregarded. T he hse said that since july. The nominal interest rate may be higher than the current market rate, but i would be surprised if it were 17 percent five years ago. The hse is reviewing a medical card next week. Income, savings, investments and property (except for your own home) are taken into account in the means test. Dominic coyle the irish times. A single person over the age of 70 can have as much as ¤36,000 in savings without it affecting their medical card means test. Medical card taken away due to notional hse interest on. The remainder of savings and similar investments will be assessed on the income calculated at a notional interest rate based on.

There are different means test rules for those over 70 years of age. The hse and gp practices need to help ensure that older patients are not deprived of support to which they are fully entitled. Five years ago, our medical card was removed from us after a revenue audit calculated our an post savings were We look at your household income after tax, prsi and the universal social charge (usc) have been deducted. We also take certain expenses into account. • you automatically qualify and may not have to do a means test. The over 70's medical card is based on the combined income of the couple as long one person is over 70. Savings or similar investments of €36,000 for a single person and €72,000 for a couple are disregarded. See more of national traveller mabs on facebook. However, there are certain exceptions. For couples, the limit is doubled, to ¤72,000, and that is available to any couple as long as one of them is over the age of 70.