Medicaid - Assets and Resources - Only to USA or includes rest of the world.
Hello, My parents who are above 65 years of age and are a permanent resident (aka Green Card) of the USA are trying to get medically insured under a current system.
Based on what we read online and heard from people in similar situations, we have collected the following facts:
1) They are not eligible for Medicare as they have not contributed for 10 quarters towards Social Security.
2) Obama Care is not applicable for people 65 and over.
3) Private insurance costs are very high and most of them do not even cover pre-existing conditions or provide very limited coverage on pre-existing with very high premiums and deductibles.
The only option we can think of is to apply for Medicaid, but by reading the fine prints of Virginia medicaid we have the following question:
As they are over the age 65 and above, they need to fill out a Appendix D and Section 3 of that form ask about the details of 'Resources and Assets' of an applicant.
Under 'Resources and Assets' it asks specifically for cash in hand, checking and savings account, pensions, Certificate of Deposit (CD), real property, etc. They do not have any such asset in the USA, but they get a pension from Indian government every month, have bank accounts, CDs, and a property (fixed asset) in India.
My question: Any form related to Medicaid specifically Appendix D is applicable to ONLY US income, pension and real asset of an applicant or it includes any income, pension, assets belong to an applicant from rest of the world.
Link to Appendix D form from State of Virginia: