Benefits for newly sworn senior citizens

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brb2

Registered Users (C)
Hi everyone
There are often inquiries about benefits for seniors. I am starting a thread where those who are seniors or those who sponsored aged relatives like parents who are seniors can share information.

To kick off the thread here is my input. Please add information and your experiences for the benefit of others.

When a sponsored relative receives citizenship it absolves the sponsor's financial obligation. Thus even though you might have a senior relative staying with you, they can apply to Social security for benefits. Thus if a senior citizen has less than $1000 of liquid assets (cash etc) they can apply for SSI - Social Security Supplemental Income. This is around $700 for one person and $1100 for a couple. A citizen getting this is then eligible to receive Medicaid where by SS pays the Medicare premium so the citizens gets free Medicaid coverage including drug coverage.

Please share your experiences or knowledge that you may have in this area.
 
President Obama's new health care initiative which was passed in to law last year, also impacts all senior citizens and more importantly green card holders as well. If you have any information or insight on the impact of the new health care bill that will be operative from next year on-wards please post here with links to the particular rules or laws. Prior to this, President Clinton signed a law that became operative in 1995 that restricted Medicare benefits to Permanent residents who have completed 5 years in the US. That law allowed them to buy Medicare coverage after 5 years of stay. But this benefit was in reality not a benefit because health insurance premiums are often less than Medicare premiums. But the new law I I believe brings back some of the benefits in that income is a criterion for buying subsidized health benefits.
 
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