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medical card question

  • 14-05-2010 4:52pm
    #1
    korpy
    Registered Users Posts: 19 ✭


    Me and my wife are both unemployed and we are getting JSB and I'm going to apply for a medical card.
    On the form they ask if I have deposits, shares. We do have 6k in a saving account ( from my redundancy) and I'm wondering if this will affect my claim?


Comments

  • #2
    Balagan
    Registered Users, Registered Users 2 Posts: 2,168 ✭✭✭Balagan


    It won't.

    from http://www.citizensinformation.ie/categories/health/entitlement-to-health-services/medical_card

    How capital is assessed for the under 70s

    All capital (savings and investments) is taken into account for medical card purposes. However, income on the savings/investments or property of €36,000 for a single person and €72,000 for a couple is disregarded.

    The disregard figure only applies once where both savings and property (other than your own home) are being assessed.

    The balance is taken into account either by taking into account the actual rate of interest received, if you provide a certificate of the interest paid on in the last full calendar year or by using a notional rate. The HSE will use whichever calculation is better for the applicant.

    In essence, only the interest or income earned on savings and similar investments will be counted as income, not the total value of the savings or investments themselves.

    Notional assessment of interest
    Capital Weekly means assessed
    First €36,000 (single), €72,000 (couple) Nil
    Next €10,000 €1 per €1,000
    Next €10,000 €2 per €1,000
    Balance €4 per €1,000


  • #3
    korpy
    Registered Users Posts: 19 ✭korpy


    Thanks Balagan.


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