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Q: Can Medicare take all of your assets?
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If you need indefinite nursing care and am on medicare are your assets taken to help pay?

Medicare eligibility is not affected by one's assets; however, Medicare will not pay for indefinite nursing care. Medicaid will pay for such care after one has "spent down" one's income and assets.


Does Medicare cover Custodial Care?

only if you have no assets


Can a person on medicare in New York State collect an inheritance without it affecting their medicare status?

Medicare does not "means test" one's income or assets. However, Medicaid does.


What money amount of social security can a person draw and get Medicare and Medicare?

Medicare is not means tested; eligibility is not based on income or assets. Medicaid eligibility standards vary somewhat by State.


Is it true medicare part A and B are provided free of charge for qualifying individuals?

True Medicare Part A is free for most persons. Medicaid will cover Medicare A & B premiums, as well as deductibles and copayments, for individuals with little or no income/assets who are Medicare eligible.


If you are on medicare disability can you also receive medicaid?

You may receive Medicaid and Medicare disability at the same time if you meet eligibility factors, principally citizenship and limited income/assets.


I am on sosial security medicare,where do i find glasses that take medicare ?

Are glasses covered by medicare?


You receive medicare would your kids get Medicaid?

Only if your family's income/assets are within the Medicaid standards.


Can you apply for Medicare at the age of 60 without a disability?

Yes, if you have limited income/assets, meet citizenship requirements, and are the caretaker relative of a child under 18.


If you are being sued by a bank can they take your home?

Had a business loan and 2 home equity loans and assets as collateral... delinquent on business since it is now closed but current on equity loans... Can the Bank take all assets and home for collecting the business loan (now closed) plus all assets?


Will the bankruptcy court take a lawsuite settlement?

It depends on the specific circumstances of your bankruptcy case and the laws in your jurisdiction. In some cases, lawsuit settlements may be considered part of the bankruptcy estate and subject to distribution to creditors. It's best to consult with a bankruptcy attorney for guidance tailored to your situation.


Did Obama take money from medicare?

no