Tue. Nov 12th, 2019

Are over-70s eligible for medical card following changes in Budget 2020?

Medical cards for individuals over 70 are subject to a way check for a few years currently. What Minister for Finance Paschal Donohoe did within the budget was increase the number that an individual or couple will earn whereas still being eligible for a full medical card.

Anyone over the age of 70 who has a financial gain of €500 every week, if they’re single, or €900 every week for one or two is entitled to a full medical card, covering all their general tending prices.

That is €26,000 a year for one person and €46,800 for a couple. It’s necessary to notice that this is often “gross income”. It includes all money financial gain before any tax, and it conjointly includes an assessment of what weekly financial gain you’d receive from any savings or assets you own.

Aana of Budget 2020, the weekly financial gain limit has been increased by 10 percent, or €50, for single individuals, to €550. The weekly financial gain threshold for couples jumps €150, or over 16 percent, to €1,050.

Anyone over the age of 70 who continues to be ineligible for the complete medical card and is going to be entitled to what’s referred to as a GP solely cards that a minimum of covers the value of GP visits.

For this, you have to make sure your weekly financial gain is a smaller amount than €700 every week, or €36,400 a year if you’re one person. For a couple, the limit is €1,400 a week, or €72,800 a year.