Financial Services in Ca
Recent studies have shown that more than fifty percent of senior citizens are living at or below poverty level. Most seniors live on a fixed income which makes it difficult to keep up with the rising prices of living, food and medication. One of the biggest expense’s elder adult’s face is in medications and medical bills from conditions that worsen with age. Everyday seniors worldwide face choices on where to cut back on spending.
There is quite a few government based and local programs that aid seniors in need. There are programs for everything from senior housing, assistance on utilities, meal programs, prescription and much more. However most of these programs have qualifications.
Now you may be wondering where do I find these programs and how do I know if I qualify? There is a website www.AARP.com that provides people in every state with the programs available in your state. AARP gives a list of programs, the benefits of the program, the basic qualifications and the contact information needed to apply.
For example in California the programs available are:
Medicare – is Health insurance that helps pay for preventive care, doctor visits, hospital stays and prescription drugs. Medicare is designed for people who are sixty-five years of age and older. Any younger people with disabilities and people with end Stage Renal Disease may also be eligible for this benefit.
Medicare savings program – This program pays for some of the costs of Medicare, including the Part B premium, deductibles and copayments However, how much assistance provided depends on your income and assets. People that may be eligible are anyone who has Medicare and earns around $1,137 per month for one person or $1,533 per month for a married couple.
Medicare RX Extra Help – This program pays for the monthly fee and deductible for Medicare prescription drug coverage and lowers prescription drug copayments. This program is designed for people already on Medicare with a low income.
California Prescription Drug Discount Program for Medicare Recipients – This program provides lower cost prescription drugs from Medi-Cal pharmacy providers. Anyone sixty-five years or older who has a Medicare card is eligible, and those under the age 65 who have disabilities and have a Medicare card are eligible as well.
Medical – Unlike Medicare Medical provides medical coverage for hospital care, health center, clinical services, doctor care, nurse care, lab and X-ray services, and nursing homes. People eligible are 65 or older, blind or have disabilities with limited income, few resources, or in some cases, high medical bills.
Low Income Home Energy Assistance Programs – This program provides assistance in paying heating and cooling bills, and in some cases energy-related home repairs. People eligible are low-income people with household incomes less than $29,791 for one person or $38,957 for two people.
Telephone Assistance – This program helps pay for the basic local telephone services. This program is designed for low-income older adults. You are automatically eligible if you are in one of the following programs: Medicaid, Supplemental Security Income (SSI), Federal Housing Assistance/Section 8 Programs, Food Stamps, Low Income Home Energy Assistance Programs, Bureau of Indian Affairs (BIA) General Assistance, and Tribally Administered Temporary Assistance for Needy Families (TANF).
Supplemental Nutritional Assistance Program (SNAP) – These are “food stamps” or Electronic Benefits Transfer (EBT) card, similar to a debit card that you can use to pay for food at most grocery stores. People may qualify if on a low income or over the age of sixty.
Social Security – This program provides a monthly check, how much you get depends on how long you have worked, how much money you earned, where you worked and your age when you began getting benefits. Workers who are 62 or older, people with disabilities, or the spouse and children of a deceased or disabled worker who paid into the Social Security program may qualify.
Supplemental Security Income (SSI) – This program provides people who are 65 and older, or people who are blind or have disabilities and have very low income and assets.
For more information please contact:
Call the California Department of Aging toll-free at 1-800-510-2020 (in-state)
or log on to www.aging.ca.gov