Public Charge Question for Parents

[Boiler 46,232]

1 minute ago, Vabsmith said:

Thanks I get it about SS;

What does it mean to buy into each Medicare part?

New immigrants are not provided Medicare Part A benefits. If immigrants are permanent residents for 5 years, have continuously resided in the U.S. for that duration, and are 65 years of age or above, they can buy Medicare coverage from the U.S. Government

 

Then there are the other parts as well, thought you would have looked into this?

[SusieQQQ 11,587]

Yep, definitely needs looking into. Here’s some info for those who haven’t worked long enough to qualify 

https://www.aarp.org/health/medicare-insurance/info-04-2008/ask_ms__medicare_9.html

https://www.mymedicarematters.org/enrollment/penalties-and-risks/

 

 

[geowrian 22,338]

27 minutes ago, Boiler said:

New immigrants are not provided Medicare Part A benefits. If immigrants are permanent residents for 5 years, have continuously resided in the U.S. for that duration, and are 65 years of age or above, they can buy Medicare coverage from the U.S. Government

 

Then there are the other parts as well, thought you would have looked into this?

@OP

Key word noted above in bold. Without enough work credits, they only qualify to purchase Part A coverage once they meet those conditions.

If somebody has enough work credits, Medicare Part A is provided premium-free (or at a subsidized rate above 30 credits but below 40 credits IIRC).

Part A covers hospital costs, and is the most expensive part at up to $458/month. Part B covers medical insurance @$144.60/month. Parts C and D are also available for purchase. So they would each be looking at ~$600/month for Medicare (at today's rates, which will change by the time they qualify) coverage + out of pocket expenses (deductibles, co-insurance, etc., depending on their medical needs).

https://www.medicare.gov/your-medicare-costs/medicare-costs-at-a-glance

[SusieQQQ 11,587]

2 hours ago, geowrian said:

@OP

Key word noted above in bold. Without enough work credits, they only qualify to purchase Part A coverage once they meet those conditions.

If somebody has enough work credits, Medicare Part A is provided premium-free (or at a subsidized rate above 30 credits but below 40 credits IIRC).

Part A covers hospital costs, and is the most expensive part at up to $458/month. Part B covers medical insurance @$144.60/month. Parts C and D are also available for purchase. So they would each be looking at ~$600/month for Medicare (at today's rates, which will change by the time they qualify) coverage + out of pocket expenses (deductibles, co-insurance, etc., depending on their medical needs).

https://www.medicare.gov/your-medicare-costs/medicare-costs-at-a-glance

But all of this is only after 5 years residence, right?

Judging from my father’s situation- one of those people who was perfectly healthy until he suddenly and spectacularly wasn’t - Medicare gap insurance is highly recommended as well. 

 

[geowrian 22,338]

7 minutes ago, SusieQQQ said:

But all of this is only after 5 years residence, right?

Judging from my father’s situation- one of those people who was perfectly healthy until he suddenly and spectacularly wasn’t - Medicare gap insurance is highly recommended as well.

Correct

[calberry 18]

On 5/26/2020 at 8:30 PM, Duke & Marie said:

emphasis on how they intend to pay for their retirement here e.g. their retirement funds, their dissolvable assets in India, their savings etc.. 

 

Since India has a non convertible currency wouldn't that factor into this?

[Boiler 46,232]

26 minutes ago, calberry said:

 

Since India has a non convertible currency wouldn't that factor into this?

Tax is more an issue, usually it is better to liquidate any assets before becoming a US LPR.

[SusieQQQ 11,587]

57 minutes ago, calberry said:

 

Since India has a non convertible currency wouldn't that factor into this?

 

30 minutes ago, Boiler said:

Tax is more an issue, usually it is better to liquidate any assets before becoming a US LPR.

Not sure of the exact Indian situation but if there is exchange control that prevents the assets being liquidated and the proceeds being sent to the US, or that prevents pension payouts going to them overseas etc, then the assets would indeed not be relevant for immigration purposes. 

[Boiler 46,232]

https://www.compareremit.com/money-transfer-faqs/what-is-the-money-transfer-limit-to-usa-from-india-3226/

 

What is the money transfer limit for sending money to USA from India?

 

The limit for sending money from India to US is US $125,000 per year. You can transfer unlimited money from your own NRE account and up to USD1,25,000 from NRO accounts per year. Above the limit, you will have to request for permission from RBI.

[Vabsmith 47]

20 hours ago, geowrian said:

  So they would each be looking at ~$600/month for Medicare (at today's rates, which will change by the time they qualify) coverage + out of pocket expenses (deductibles, co-insurance, etc., depending on their medical needs).

https://www.medicare.gov/your-medicare-costs/medicare-costs-at-a-glance

Great info you all. Appreciate it. To prove that the parents can themselves cover the perpetual healthcare cost sounds challenging. 

sorry I am a bit frustrated ....why have the sponsors info there in that case...

Edited May 28, 2020 by Vabsmith

[NikLR 13,232]

23 minutes ago, Vabsmith said:

Great info you all. Appreciate it. To prove that the parents can themselves cover the perpetual healthcare cost sounds challenging. 

sorry I am a bit frustrated ....why have the sponsors info there in that case...

Because that covers means tested benefits but not day to day support or medical issues. 

[Vabsmith 47]

HI All,

I just saw the news that Trump administration might extend the green card restrictions till December. I have already filed the AOS for my parents. Any guesses if their process will continue at the USCIS?

Thanks

[Just Paul 4,595]

41 minutes ago, Vabsmith said:

HI All,

I just saw the news that Trump administration might extend the green card restrictions till December. I have already filed the AOS for my parents. Any guesses if their process will continue at the USCIS?

Thanks

The ban is on visas being issued.  Based on your other posts, they are already here, the AOS would continue on normally

[geowrian 22,338]

1 hour ago, Paul & Mary said:

The ban is on visas being issued.  Based on your other posts, they are already here, the AOS would continue on normally

Agreed. AOS is not impacted by the extended and broadened ban announced today.

[Vabsmith 47]

1 hour ago, geowrian said:

Agreed. AOS is not impacted by the extended and broadened ban announced today.

Thanks