Not eligible for the Age Pension? You may still qualify for this card
Description
Not eligible for the Age Pension? You may still qualify for this card.
If you're self-funded in retirement, the Commonwealth Seniors Health card could help reduce the cost of:
✅ Prescription medicines
✅ Healthcare expenses
✅ Some state and local government concessions
The surprising part?
You don't need to qualify for the Age Pension to be eligible.
Your income is assessed, but there is no assets test, which means some retirees who miss out on the Age Pension may still qualify for a Commonwealth Seniors Health Card.
Eligibility rules can be complex, particularly when superannuation pensions and deemed income are involved.
If you're unsure whether you qualify, it's worth checking on the Services Australia Website or chatting to your financial adviser.
General information only.
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The information provided in this article is general in nature only and does not constitute personal financial advice.