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Counting Income Under Medicare’s New Prescription Drug Benefit (CRS Report for Congress)

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Release Date Feb. 6, 2004
Report Number RS21733
Report Type Report
Authors Chris L. Peterson, dome
Source Agency Congressional Research Service
Summary:

When calculating a Medicare beneficiarys income-to-poverty ration for low-income eligibility purposes, not all income is counted; certain amounts and types of income are disregarded. This report describes how income is counted for determining eligibility for the low-income Medicare prescription drug benefit that begins in 2006. In addition, this report provides hypothetical examples of Medicare beneficiaries income and what their income-to-poverty ration would be using the definition of income in P.L. 108-173.