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Very Low to Moderate Income Housing Loans, home grants for low income families.#Home #grants #for

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Very Low to Moderate Income Housing Loans

Home grants for low income families

The following is a summary of information about low to moderate income housing loans available to individuals or families through the U.S. Department of Agriculture s Rural Development program as listed in the Catalog of Federal Domestic Assistance (CFDA).

During fiscal year 2015, a total of $18.7 billion in loans were granted. The average direct loan granted was for $125,226 while the average guaranteed loan was for $136,360.


CATEGORY: Housing Assistance

To assist very low, low-income, and moderate-income households to obtain modest, decent, safe, and sanitary housing for use as a permanent residence in rural areas.

Types of Assistance

Direct Loans; Guaranteed/Insured Loans.

Uses and Restrictions

Direct and guaranteed loans may be used to buy, build, or improve the applicant s permanent residence. New manufactured homes may be financed when they are on a permanent site, purchased from an approved dealer or contractor, and meet certain other requirements. Under very limited circumstances, homes may be re-financed with direct loans. Dwellings financed must be modest, decent, safe, and sanitary. The value of a home financed with a direct loan may not exceed the area limit. The property must be located in an eligible rural area. Assistance is available in the States, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, the Commonwealth of Northern Mariana s, and the Trust Territories of the Pacific Islands.

Direct loans are made at the interest rate specified in RD Instruction 440.1, Exhibit B (available in any Rural Development local office), and are repaid over 33 years or 38 years for applicants whose adjusted annual income does not exceed 60 percent of the area median income, if necessary to show repayment ability.

Payment assistance is granted on direct loans to reduce the installment to an effective interest rate as low as one percent, depending on adjusted family income. Payment assistance is subject to recapture by the government when the customer no longer resides in the dwelling. There is no funding provided for deferred mortgage authority or loans for deferred mortgage assumptions. Guaranteed loans may be made to refinance either existing RHS Guaranteed Housing loans or RHS Section 502 Direct Housing loans. Guaranteed loans are amortized over 30 years. The interest rate is negotiated with the lender.

Eligibility Requirements

Applicants must have very low-, low- or moderate incomes. Very low-income is defined as below 50 percent of the area median income (AMI), low-income is between 50 and 80 percent of AMI; moderate income is below 115 percent of AMI. Families must be without adequate housing, but able to afford the housing payments, including principal, interest, taxes, and insurance (PITI). Qualifying repayment ratios are 29 percent for PITI to 41 percent for total debt. In addition, applicants must be unable to obtain credit elsewhere, yet have an acceptable credit history.

Beneficiary Eligibility

Applicants must meet eligibility requirements.

Guaranteed Loan Low and Moderate income eligible.


Applicants may need to submit evidence of inability to obtain credit elsewhere, verification of income, debts, and other information on the application; plans, specifications, and cost estimates. This program is excluded from coverage under 2 CFR 200, Subpart E – Cost Principles.

Application Procedures

This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. For direct loans, application is made at the Rural Development field office serving the county where the dwelling is or will be located. For guaranteed loans, application is made to a participating private lender.

Award Procedure

Rural Development field offices have authority to approve most Direct loan requests.

Processing of guaranteed loans varies in each State. Consult your local telephone directory under U.S. Department of Agriculture for a Rural Development field office listing or visit the website http://offices.sc.egov.usda.gov/lcoator/app for a State Office listing. If no backlog exists, decisions on direct loan applications are made within 30 to 60 days. Requests for guarantee loans are acted upon in 3 days of receipt of the lender s request for guarantee.

Range of Approval/Disapproval Time

For direct loans, from 30 to 60 days subject to availability of funds, from the time the application is filed if no backlog of applications exists. A pre-qualification may be provided to potential direct loan applicants upon call or visit to a Rural Development office, though results are not binding. For guarantees, a decision is required within 3 days of loan package submission by the approved lender.

Information Contacts

Regional or Local Office Consult your local telephone directory under United States Department of Agriculture for Rural Development field office number. If no listing, contact appropriate Rural Development State Office listed in Appendix IV of the Catalog or on the internet at http://www.rurdev.usda.gov/recd_map.html.

Headquarters Office Director, Single Family Housing Direct Loan Division or Director Single Family Housing Guaranteed Loan Division, Rural Housing Service (RHS), Department of Agriculture, Washington, DC 20250. Telephone: (202) 720-1474 (direct loans), (202) 720-1452 (guaranteed loans).

Housing Grants for Low Income Families, Home Guides, SF Gate, grants for low income families.#Grants

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Housing Grants for Low Income Families

The federal government, state agencies and nonprofits throughout the nation offer housing grants for families who fall under certain income limits. Most of the programs are funded by the U.S. Housing and Urban Development, HUD, and U.S. Department of Agriculture, USDA. Others are funded by donations from the general public and administered by charities.

Salvation Army

Depending on United Way funding, the Salvation Army offers rental and mortgage assistance. Applicants must present an eviction notice, proof of income, photo ID, Social Security card for each member of the family, and, if required, proof that only $200 or less remains to be paid for the current month’s rent or mortgage. Although the maximum assistance is generally $200, additional funding may be provided to those displaced from FEMA declared natural disaster areas. In addition, the Salvation Army provides long-term managed assistance for qualified individuals who were displaced from their homes due to flooding in certain geographic areas.

Rural Housing

HUD provides funding to states for rural housing grants. Very-low, low and moderate income level families may apply. Income limitations are based on a percentage of the median for the area. Rental, repair and ownership grants may be available in areas meeting rural criteria. Generally, rural areas include open country, cities with under 10,000 residents and certain cities with a maximum population of 20,000. Grant amounts vary depending on the area and need. For more specific details, contact the local HUD Public Housing Authority, or PHA, or call HUD at 800-569-4287.

Vouchers Programs

HUD offers housing grants to qualified low-income families in the form of vouchers for renting or homeownership assistance. Previously termed Section 8 Housing, the Housing Choice Voucher Program allows eligible low-income families choices as to where they want to live. HUD’s Homeownership Vouchers Program provides grants to eligible first-time home buyers. Grants may provide down payments on home loans, mortgage payment assistance and help paying for living expenses. Grant receivers may not have owned property for the previous three years and must live in the home as their primary residence. To apply, contact a HUD-approved PHA.

State Homeless Grants

States typically distribute federal funding for homeless programs to counties or municipal departments or approved businesses and non-profit organizations. The funding provides grants to eligible area families to address homeless or potentially homeless situations. Homeless families receive assistance for food, housing and medical expenses due to emergency needs. Those who are in danger of eviction may also receive assistance. Either call or visit a state’s Public Housing Authority for programs available in that state.

Disabled Vouchers

HUD provides grant assistance to eligible disabled individuals through its Designated Housing Vouchers program. Non-elderly, low-income families that include a member with disabilities who live in public housing designated for occupancy are eligible for this program. Qualified disabled individuals living alone may also apply for these vouchers. These families or individuals are enrolled into this voucher program as a special admission. Apply to the local PHA for this program.

College Grants for Low Income Students – Those with Bad Credit Ratings, grants for low

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Low Income or Bad Credit Education Grants

If you are struggling to pay your tuition and other college costs, you are not alone. Unless you have an education nest-egg stashed away, or parents that are well-budgeted for college, you re probably looking for student aid to ease the financial burden of earning a college degree.

Loans are financing options that cover your expenses today, in return for repayment (with interest) tomorrow. The cost of college goes well beyond tuition and books, so loans are used to keep students afloat during school. Living expenses including rent, transportation and groceries are real-life reminders that independence is expensive. It is not uncommon to borrow money for school, but remember that student loans add to your debt load once you graduate.

Grants and scholarships are key financial aid resources, because money you earn does not require repayment.

Scholarships are typically merit-based awards, which are distributed based on student achievement and performance. Popular scholarships are tied to athletics and academics, but others take into account charitable contributions and civil activism. A range of qualifications are applied to scholarship candidacy, in combinations that might require eligible applicants to stand-out in more ways than one.

Most scholarships, especially renewable awards, impose GPA requirements that students must maintain to remain eligible. Financial need is sometimes considered by scholarship administrators, but it is usually secondary to performance.

Grants, on the other hand, are primarily need-based. Students who need the money most are targeted first for college grants. And since most grants come from government agencies, there is no credit check required for application. If your credit is bad or your income is low, government grants are in place to augment your college cash fund.

Your limited credit history and low income will work against you in your bank s loan office, but publicly funded government grants are issued to students with little or no credit. Start down the path to college cash with a standardized request for financial aid called the FAFSA.

Grants for low income families

Income Contingent College Money

The Free Application for Federal Student Aid (FAFSA) compiles information about your family finances, and your ability to pay for college. Income and family size are used to determine how much money your family can reasonably devote to college expenses. Your Expected Family Contribution (EFC) is used to calculate the difference between what you can afford, and what your education costs.

Your personal Student Aid Report (SAR) paints a cash-flow picture for individual colleges to use as they draw from all the available financial aid resources to create your individual financial aid offer. The first aid sources that are tapped for needy students include federal and state grants.

The Department of Education Pell Grant program provides substantial relief for low-income college students. Eligibility is determined based on the information drawn from your FAFSA. Four important criteria influence the amount of your Pell Grant:

  1. Student financial need that exceeds EFC
  2. Year-long enrollment status
  3. Full-time academic standing
  4. Cost of attending your chosen university

Pell maximums hover around $5000 per student, for each academic year, based on congressional funding. FAFSA results are generally sufficient, but some students are asked to provide additional documentation before being considered for this need-based grant.

The neediest students who file FAFSAs are considered for additional federal grant money. Federal Supplemental Educational Opportunity Grants (FSEOG) target students whose Expected Family Contribution is zero. Once applicants with this level of financial hardship are given grants, additional funds are disbursed to the next neediest groups, until the FSEOG program runs out of money. If you are counting on this aid, file your FAFSA as soon as possible, to avoid disappointment.

Other federal grants have specific eligibility requirements that go beyond financial need.

Academic Competitiveness Grants (ACG) and Science and Math Access to Retain Talent (SMART) Grants are reserved for needy applicants studying in STEM subject areas. Science, math and other technology majors who maintain rigorous academic standards during high school and college are invited to apply for these grants. Awards range from $500-$1300 annually, with ACG serving first and second year university students, and SMART grants going to juniors and seniors.

Students who have lost a parent as a result of his or her military service automatically qualify for Iraq and Afghanistan Service Grants. Financial need does not factor-in to this grant, which recognizes the service of military families.

Students entering teaching programs enjoy access to government grants aimed at bolstering the profession. Teacher shortages across the country, particularly in low-income areas, have prompted targeted efforts to recruit and train qualified educators. The Teacher Education Assistance for College and Higher Education (TEACH) program is a service-for-tuition arrangement that generously compensates college students, in exchange for their commitments to teach at low income schools.

Education majors earn four-thousand dollar grants annually by agreeing to work as teachers in critical shortage facilities for at least four years. Recipients who fail to meet their teaching obligations are required to pay their TEACH grants back, with interest.

Bad Credit Grants and Your Education

Your credit history does not determine your eligibility for government grants, but conventional loans and other financing sometimes require formal credit checks. Keep your limited credit history on the right track by paying your phone and credit card bills on-time.

If you borrow money from a private lender or through the Federal Government s Direct Loan Program, use your repayment schedule as an opportunity to build a favorable credit rating. If a loan cosigner is on board, protect his or her credit by making payments on-time. Once you illustrate regularity in paying the debt, most lenders will release your cosigner from responsibility for the loan.

Low-Income Grants from States and Other Sources

State financial aid for college students often mirrors federal programs. If you qualify for loans and grants on the federal level, then you might also be eligible for state funds.

California administers a generous student aid program that assists most of the state s college students. CalGrants helps students through the entire financial aid process, including FAFSA advising. California students tap CalGrants for general need-based grants, as well as performance-based scholarship awards offered as part of the state s Cash For College initiative.

In Wisconsin, need-based grants are issued to low-income college students without formal credit checks.

  • Wisconsin Higher Education Grants (WHEG) serve low income residents who are enrolled at least half-time, in the pursuit of undergraduate credentials at Wisconsin State Universities and Technical Colleges. The grant is renewable for up to 10 semesters, with a $3000 maximum annual value.
  • Wisconsin Tuition Grants aid students attending independent colleges and universities within the state. Financial need is a prerequisite. The program attempts to bridge the gap between public and private tuition, by extending grants to private school students.
  • Talent Incentive Program (TIP) supports Wisconsin students with the highest levels of financial need and educational dysfunction. Students are recommended for these grants by financial aid offices and counselors in the Wisconsin Educational Opportunities Program (WEOP). Freshmen receive initial awards up to $1800, and may renew for up to ten consecutive semesters. This program is funded jointly by the state and federal governments.

Universities maintain their own student aid programs, including no-credit-check grants. Your campus financial aid office is best equipped to provide current information about the financial aid opportunities that are unique to your school. Your FAFSA is the only application that s required for some state and institutional grants, but other grant funds must be requested with seperate individual applications.

And even the FAFSA is subject to multiple filing deadlines. Your state might require you to submit your FAFSA well before the federal filing date. CalGrants, for example, requires your FAFSA to be in-place by March 2nd, while you have until June 30th to file within federal limits.

To round out your quest for college assistance, search general financial aid sources like Pell and other large programs, but also consider individual traits that might make you eligible for special scholarships and grants. Some college aid is reserved for specific student groups, so take advantage of your unique features to capture the financial aid you need. Grants provide college cash for these and other student populations:

Special Automobile Insurance Policy, car insurance for low income people.#Car #insurance #for #low #income #people

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car insurance for low income people

The Special Automobile Insurance Policy (SAIP) is an initiative to help make limited auto insurance coverage available to drivers who are eligible for Federal Medicaid with hospitalization. Such drivers can obtain a medical coverage-only policy at a cost of $365 a year.

What is the Special Automobile Insurance Policy?

The SAIP is an initiative to help make auto insurance available to drivers who are likely to go uninsured because of limited financial resources.

Who is eligible to get the policy?

People who are currently enrolled in FEDERAL MEDICAID WITH HOSPITALIZATION are eligible for the SAIP. Not all Medicaid programs qualify for the SAIP policy. An insurance producer can determine if you are eligible from the number on your Medicaid ID card.

How do I get the policy?

The SAIP can be obtained at most insurance agencies. If you’re not sure how to get one, you can call the Personal Automobile Insurance Plan (PAIP) customer service number at 1-800-652-2471, or search for a PAIP producer. Effective 01/01/2011, National Continental Insurance Company is the carrier that writes SAIP policies.

What does it cost?

The policy currently costs $365 per year.

Do I pay for this insurance all at once, or can I make payments?

The policy costs $360 if you pay up front or $365 in two installments.

What does it cover?

Emergency treatment immediately following an accident and treatment of serious brain and spinal cord injuries up to $250,000. It also provides a $10,000 death benefit.

What doesn’t it cover?

Outpatient treatments such as doctors’ visits covered by Medicaid, damage you may cause to other persons or property (liability coverage), or damages to your own car (collision and comprehensive coverages).

Will my policy be cancelled if my Medicaid benefits are discontinued?

The applicant must demonstrate enrollment in Medicaid when the policy is first written and at each renewal. If the insured is no longer enrolled in Medicaid during the policy term the policy will not cancel, but the insured will receive only the limited benefits of the policy.

If more than one driver in the house is on Medicaid, can they all get the Special Automobile Insurance Policy?

The policy only covers those enrolled in Medicaid. If there is one car and several people in the household enrolled in Medicaid, they can all be covered by the same policy. However, there can only be one car per policy.

Can I get a policy if I have a bad driving record?

You cannot get a policy if your driver’s license or registration is revoked or suspended.

What do I need to bring when I apply for this policy?

In addition to driver’s licenses for all operators of the vehicle to be insured and the vehicle’s registration, you need to bring a Medicaid identification card that shows that all persons to be covered under the policy are enrolled in Medicaid.

Any person who includes any false or misleading information on an application for an insurance policy is subject to criminal and civil penalties.

Auto Insurance Programs for Low-Income Drivers – Auto Insurance News, car insurance for low income

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Online Auto Insurance News

by John Sepulvado, Online Auto Insurance News Team

Monday, July 29, 2013 8:42 am

With a recent study suggesting that low income drivers pay more for auto insurance, Online Auto Insurance (OAI) checked to see what states offer assistance to drivers at or below the poverty line.

It’s a small list.

California, New Jersey, and Hawaii offer government-backed programs to keep low-income drivers insured. And the savings offered are significant.

In California, the program’s highest costs are about $400 per year for basic liability insurance. A type of medical liability insurance is offered in New Jersey for $360, less than a dollar per day.

In Hawaii, basic liability coverage is absolutely free for some low-income drivers.

The success of these programs, who qualifies, and what’s covered varies state by state. Below, OAI explains how the programs work in each state.

Fewer than 20,000 people take part in the state’s low-income insurance program. In a hearing at the state Capitol, insurance officials reported that a large barrier to the program’s success is the reluctance of undocumented workers to fully utilize the program for fear of being caught in the country illegally. The latest figures from 2004 show about 3.5 million registered vehicles were uninsured in California.

The average price for an annual premium through the California Low Cost Automobile Insurance Program varies by county. In San Francisco the cost is $276, according to the state’s website, while in Los Angeles the cost is $338. That can be up to $1,500 cheaper than insurance purchased outside of the program.

To be eligible for the program, drivers must be residents of California. They have clean driving histories with no suspensions, at-fault accidents, failure-to-appear citations or moving violations for at least three years. Drivers have to be over 19 years old and must have at least three years of licensed driving experience. Participants cannot own another car insured outside of the program, cannot use the policy for a work vehicle, and must earn less than $58,875 for a family of four.

Also, in most cases, the driver must own the vehicle they are insuring through the program outright.

The program only offers basic liability, covering up to $20,000 for injuries caused by the insured driver and $3,000 for property damages.

Just over 20,000 people are covered in New Jersey’s Special Automobile Insurance Policy (SAIP). Similar to personal injury protection policies, the program offers motorists medical coverage if they are injured during an auto accident.

The price is $360 if paid in full, or $365 if paid in two installments. According to the New Jersey Department of Banking and Insurance, up to $250,000 in coverage is offered if there is a significant physical injury, such as brain damage or spinal cord dislodgement. The insurance does not cover any vehicles or property damaged by the accident, regardless of fault. There is also a $10,000 death benefit.

Eligibility for the New Jersey plan centers on Medicaid. Participants must be enrolled in the Federal Medicaid with Hospitalization plan.

Prospective participants must also have a valid license and current registration on their vehicle. SAIP covers only one vehicle per policy.

To enroll, prospective participants must bring their license, registration and Medicaid card to an approved insurance agency, where eligibility will be determined by a broker or an agent.

Hawaii offers free no-fault auto insurance to people receiving various forms of welfare or supplemental security income (SSI) benefits.

Yet, the program is so small not even the Hawaii Office of the Insurance Commissioner was aware it existed. A spokesman for the agency told OAI he “doesn’t think there is such a program,” but wasn’t sure. He later emailed back confirming the law is on the books.

According to state statute, no-fault auto insurance at no cost is available to all people who receive public assistance such as cash payments, food vouchers, SSI benefits, or medical service benefits prior to 1994. The driver must also have a valid license, or be in the care of a person with a valid license, and be the sole registered owner of the vehicle. The driver also must have looked for paid no-fault coverage and been unable to afford it before applying for the program.

The maximum benefit through the state plan is $40,000 per accident for injuries or death, and $10,000 for property damage, the standard for Personal Injury Protection (PIP) for Hawaii.

It is unclear how many low-income drivers take advantage of the policy. Based on Hawaii’s population, requirements, and reaction from the office of the Insurance Commissioner, it is likely that very few drivers do, if any.

Car insurance is mandatory in all states, except New Hampshire. The Insurance Research Council (IRC) estimates that almost 14% of all motorists are uninsured. Meanwhile, the U.S. Census estimates that some 46 million Americans live in poverty.

With only three state programs offering assistance to low-income drivers, some anti-poverty advocates are calling on state legislatures to take a new look at assisting these motorists. Many states — including Nevada and Michigan — have considered similar programs in the past, but have squashed those plans because of cost, logistical challenges due to delivery, or objection from the insurance industry.

The IRC estimates uninsured drivers, many of them low income, caused almost $11 billion dollars in damages during 2010.

Medical coverage for low income #income #tax #refund #form, Income, medical coverage for low income.#Medical

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Medical coverage for low income #income #tax #refund #form

#medical coverage for low income

Medi-Cal Overview

Medi-Cal is free or low-cost health coverage for children and adults with limited income and resources.

Who can qualify for Medi-Cal?

Medi-Cal covers low-income adults, families with children, seniors, persons with disabilities, children in foster care as well as former foster youth up to age 26, and pregnant women.

What is the difference between Covered California and Medi-Cal?

Medi-Cal is health coverage, just like the coverage from Covered California health plans. If you qualify for Medi-Cal, your health care will be free or at a lower cost to you and your family. Medi-Cal plans and Covered California plans both offer a similar set of important benefits, called “essential health benefits.

How can I apply for Medi-Cal?

You can apply online at CoveredCA.com. A single application will let you know if you qualify for Covered California or Medi-Cal coverage. You can also apply in person at your local county human services agency or over the phone by calling (800) 300-1506. If you need help applying or have questions, you can contact a trained Certified Enrollment Counselor (CEC) for free. Search a list of local Certified Enrollment Counselors or call (800) 300-1506.

After Applying

If you qualify for Medi-Cal, you will get a benefits identification card (BIC) in the mail, and you can start using it to get your health care as a new Medi-Cal member. In some cases, after you apply, we may need more information from you to make sure you qualify for Medi-Cal. In those cases, your county’s human services agency may contact you to verify that information.

If you are determined eligible, Medi-Cal will mail you a packet of available health plans to choose from.

If you have applied but have not received a BIC or been contacted by your human services agency, please do not apply again. It may be because it is taking longer than normal to process applications. If you want to ask about your application, you can contact your county human services agency in person or over the phone.

  • Quick Links
  • Sign in to Your Account
  • Medi-Cal Application
  • Renewing Medi-Cal Coverage
  • Medi-Cal for Families

(and former foster youth)

  • Medi-Cal Benefits
  • Using Your Coverage
  • Department of Health Care Services (DHCS) website
  • Medical coverage for low income

    Medical coverage for low income

    CoveredCA .com is sponsored by Covered California and the Department of Health Care Services. which work together to support health insurance shoppers to get the coverage and care that’s right for them.

    Shop and Compare Tool

    To shop for health plans that begin on January 1, 2017,

    please check back in October for Covered California s

    new and improved shopping tool.

    In the meantime, you may download our rate booklet

    and view sample 2017 rates here .

    For special enrollment rates in 2016, and for previous

    years’ rates, use the buttons below.

    Shop and Compare Tool

    To shop for health plans that begin on January 1, 2017,

    please check back in October for Covered California s

    new and improved shopping tool.

    In the meantime, you may download our rate booklet

    and view sample 2017 rates here .

    For special enrollment rates in 2016, and for previous

    years’ rates, use the buttons below.

    Shop and Compare Tool

    Please select the coverage year you want to see income

    Alberta Adult Health Benefit – Alberta Human Services – Government of Alberta, medical coverage for

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    Alberta Adult Health Benefit

    The Alberta Adult Health Benefit program supports Albertans in low income to ensure they have access to prescription drugs, dental services, optical services, emergency ambulance and diabetic supplies that are essential to health and well-being. Knowing your health and your family’s health is cared for will bring peace of mind.

    Signing up is easy. Fill out one form and mail it in. Open the questions below for more information or contact us.

    Medical coverage for low income What Is The Alberta Adult Health Benefit Plan?

    The Alberta Adult Health Benefit plan pays for health services, such as eyeglasses, prescription drugs and dental care that are not available through standard Alberta Health Care Insurance. The health benefit plan is for individuals and families with limited incomes. It includes children up to age 18, and up to age 20 if they live at home and are attending high school. There are no fees to sign up.

    Medical coverage for low income What Services Are Paid For By The Alberta Adult Health Benefit Plan?

    The Alberta Adult Health Benefit plan pays for:

    Dental Care

    • Basic services like extractions and fillings
    • Some additional services like teeth cleaning and annual examinations are also covered.


    • An eye exam and eyeglasses for adults every 2 years
    • Eyeglasses each year for dependants up to 18 years of age

    Prescription Drugs

    • Many prescription drugs are paid for by this health plan. Some over-the-counter products, such as prenatal vitamins and children’s vitamins are also provided. Your family doctor or pharmacist has a list of what is covered under this health benefit plan.

    Ambulance Services

    • Emergency ambulance trips to the nearest hospital

    Diabetic Supplies

    • Diabetic supplies such as injection supplies, testing strips, lancets and penlets

    Talk to your doctor, dentist, optician or pharmacist to learn what is paid for by this health benefit plan.

    Medical coverage for low income Who Qualifies For The Alberta Adult Health Benefit Plan?

    You and your family may qualify for the AAHB if:

    • You are pregnant and you have limited income
    • You have high ongoing prescription drug needs, and limited income
    • You leave Income Support and you have income from employment, self-employment, or the Canada Pension Plan Disability program
    • You leave Assured Income for the Severely Handicapped (AISH) and you have income from employment, self-employment, or the Canada Pension Plan Disability program.

    Families must also qualify by income

    If you are a single individual, you qualify for AAHB if your income is under $16,580. If you have a spouse or partner, of if you have children, your income can be higher.

    Maximum Qualifying Income

    (effective July 1, 2015)

    Single parent with 1 child

    Single parent with 2 children

    Single parent with 3 children

    Single parent with 4 children*

    Couple with no children

    Couple with 1 child

    Couple with 2 children

    Couple with 3 children

    Couple with 4 children*

    *For each additional child add $4,973

    How do I figure out my income?

    You can calculate your income by looking at your last income tax return.

    • Look at Line 236 to find out your basic income.
    • Add any child support you receive, which is on Line 156.
    • Subtract the amount you were taxed, which is on Line 128.

    The amount left is your income. If you have trouble calculating your income, contact us.


    If your income or circumstances have changed significantly in the last year or if someone in your household has high health costs, exceptions may be made. Contact us to talk about your options.

    Individuals and families qualify if they live in Alberta

    To receive health benefits, you and members of your family must live in Alberta and be Canadian citizens or have permanent residence status in Canada, and must not be receiving health benefits from other government programs.

    Refugees and refugee claimants who are not receiving health benefits from any other source may also apply for this program.

    Medical coverage for low income How Long Does The Alberta Adult Health Benefit Plan Pay For Services?

    Every June, the Alberta government will confirm that your household income is under the qualifying income level for your family size. If it is, your household will be automatically enrolled for another year. Children 18 and 19 years old must be still living at home and attending high school (up to grade 12).

    Medical coverage for low income Who Is Not Eligible For The Alberta Adult Health Benefit Plan?

    Some individuals and families in Alberta already have health services paid for through other government programs and do not need the Alberta Adult Health Benefit plan. These government programs include:

    Medical coverage for low income How Do I Sign Up?

    Signing up is easy.

    If you leave Income Support or AISH and you have income from employment, self-employment or the Canada Pension Plan Disability program, speak to your worker about enrollment.

    If you are pregnant, or have high ongoing drug needs, just fill out the application form and mail it in.

    The declaration section is important. By signing it, you are saying you understand everything in your application. The consent section is important because you are giving the Alberta government permission to get your income tax information from Canada Revenue Agency to verify your income. Your information will not be shared anywhere else for any other reason.

    Health Benefits Contact Centre

    PO Box 2222 Station Main

    Edmonton, AB T5J 5H3

    The Alberta Adult Health Benefit Card

    If your application is approved, you will be sent an annual health benefits card in the mail once. The card will list the names of all eligible family members and their identification numbers. You need to show this card to your doctor, dentist, pharmacist, optician or ambulance attendant each time you or a family member receives a service paid for by the Alberta Adult Health Benefit plan.

    MDHHS – Help Finding Health Care, medical coverage for low income.#Medical #coverage #for #low #income

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    You are here

    1. MDHHS
    2. Assistance Programs
    3. Health Care Coverage
    4. Help Finding Health Care

    • How Can This Site Help? This site has links to other web pages with information and phone numbers for places with low cost or free health care, or help with health insurance. Medical coverage for low income

    For example, if you are looking for a doctor or clinic that will help you even though you don’t have insurance, look in the box that says: “What Type of Health Care Help Do You Need?” at the top. Then click on the link that says: “Free or Low Cost Care from a Doctor or Nurse.”

    If you need health insurance, look in the box that says: “Do You Need Help Finding Health Insurance?” at the top. Click on the links in that box to find out what help might be available to you.

    Many links on this page help you find resources in your county or close to your address. If you cannot find the help you need here, please contact Mary Anne Tribble at 517-241-7185, or [email protected]

    If you find a link that doesn’t work, please contact the Health Planning and Access to Care Section at [email protected]

    What Type of Help with Health Care Do You Need?

    This section has information on primary care clinics that will help people with low income or no health insurance.

  • Free or Low Cost Mental Health Care This section can help you contact your local Community Mental Health Agency and other places offering mental health care.
  • Free or Low Cost Care from a Dentist This section has information on how to find a dentist that treats low income people, elderly people, or people with special needs.
  • Free or Low Cost Prescription Medication

    This section has information on low cost prescription drugs.

  • Free or Low Cost Testing and Treatment for Sexually-Transmitted Infections This section can help you locate your local health department or other clinics with free or low cost testing and treatment for sexually-transmitted infections (STIs).
  • Free or Low Cost Family Planning Services This section has information on family planning services and clinic locations.
  • Free or Low Cost Testing and Treatment for Breast or Cervical Cancer This section can help low income women get tests or treatment for breast or cervical cancer
  • Help with a Chronic Disease

    This section has links to information on managing chronic diseases like diabetes or heart disease.

    This section has links that may help if you can t find your answer above.

  • Revealed: The top investments for monthly income, investing for income.#Investing #for #income

    by ,

    Revealed: The top investments for monthly income

    Investing for income

    Investing for income

    7:21AM BST 19 Aug 2014

    Investment funds paying monthly income are uncommon but treasured by savers wanting frequent payments to supplement pensions or other income.

    Of the 2,000 unit trusts or equivalent funds available to private investors, just 20 pay income on a monthly basis. Those which do are an eclectic mix of portfolios holding shares and bonds, or often both. By investing in these most savers are aiming to derive a high, frequently paid income, but because several of these funds have delivered strong returns in recent years, their appeal is spreading to a wider audience.

    But unlike the cash Isa accounts which pay income monthly – see the table below for the current top payers – savers’ capital is at risk.

    Darius McDermott of Chelsea Financial Services, the broker, is a fan. He said: “Investor demand for these funds is picking up and I expect it to continue as investors gain greater control over their pensions. But it is hard to get high levels of income at the moment, so the higher yields often indicate more risk is being taken.”

    How the monthly income funds work

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    The fund manager of a monthly-paying fund invests savers’ cash in a portfolio of shares, bonds or both. He is limited in how much income he can pay out by the amount of dividends or interest these underlying holdings earn.

    He also has to try and pay out the income in more or less equal, monthly instalments, which he can do by holding some income back.

    Brian Dennehy, financial adviser and founder of broker FundExpert.co.uk, said: “Smoothing the dividend payments helps the fund manager out if they have a bad month. It can also give investors a bigger payout towards the end of the year, as the excess cash is handed back.”

    The income payments are taxed in the same way as other income funds, so if these are held in an Isa there is no further tax to pay.

    The funds’ “distribution yields”, quoted as a percentage, give an indication of the yearly income investors can expect based on historic payments.

    The funds the experts are backing

    Premier Monthly Income, managed by Chris White, is unusual among monthly payers in that it only invests in shares. Mr White invests in high-yielding British firms, comprising mainly blue chips such as BP and GlaxoSmithKline. The fund yields 4.7pc and over the past three years has returned 55pc (capital growth and income payments combined).

    Jupiter Monthly Income holds 85pc in shares with the rest in cash and bonds. It yields 5.1pc, and has returned 39pc over three years. A newer fund with a similar investment mix is Schroder Managed Monthly High Income, yielding 5.9pc.

    Threadneedle Monthly Extra Income, which also invests around 80pc in shares, yields a lower 3.9pc – which is still considerably higher than the wider UK stock market yield of 3.3pc. This monthly payer is favoured by Lee Robertson of Investment Quorum, the wealth manager, who said: “For me the important thing is that the yield is growing as the fund’s portfolio is positioned to benefit from the steady increase in companies’ earnings as the recovery continues.”

    Mr McDermott tipped the recently launched Kames Diversified Income fund. The fund is only six months old but it is targeting a 5pc annual distribution, derived from a portfolio invested 40pc shares and 60pc in bonds.

    Then there are the monthly payers where the underlying investments are mainly or only bonds.

    That does not necessarily make them less risky, as the capital values of bonds can fluctuate violently. The highest yielding is currently the Alliance Trust Monthly Income Bond fund, paying 5.9pc. The manager has purchased bonds issued by the likes of BT and Orange. The total return for investors over the past three years is 21pc. Other, respected bond based monthly payers include Fidelity Moneybuilder Income, which yields 3.9pc; Invesco Perpetual Monthly Income, yielding 4.7pc, and the Henderson Fixed Interest Monthly Income fund, which yields 5.9pc.

    While offering the perk of monthly payments these funds do not necessarily grow annual payouts. Dividend focused investment trusts are better for that purpose.

    What is life insurance, Life Cover, Legal – General, what is life insurance for.#What #is

    by ,

    What is life insurance?

    Life insurance, also known as life cover or life assurance is a way to help protect your loved ones financially if you were to die during the length of your policy.

    Please remember that life insurance is not a savings or investment product and has no cash value unless a valid claim is made.

    You choose the amount of cover you need and how long you need it for and you can pay your premiums monthly or annually. In return, your family has the reassurance of knowing that if you died while covered by the policy they could receive a cash sum pay out if a valid claim is made.

    They could use this to help with household bills, child-care costs or covering mortgage payments.

    You should read the Policy Summary PDF: 1.61MB and more important information before you apply.

    Why do I need life insurance?

    Dependents: If you have a partner, children or someone who relies on you for help or income, then you should consider life insurance.

    If you earn an income which helps with household bills, either as a sole breadwinner or as part of a couple, then without that money the family might struggle to pay bills like the mortgage or rent.

    If you only work part-time, or are a home-maker, your family may find it hard to cover the cost of finding someone to look after the children or another family member if you were no longer around. So anyone who has dependents should consider taking out life insurance.

    Debts or mortgage: It could also be important if you have debts, loans or an outstanding mortgage on your home. Life insurance could pay out a cash if you die during the policy term and this could be used to help pay off these debts or it could help your family with every day living expenses or child care costs. It could help cover funeral expenses too.

    What types of life insurance do you offer?

    • Life insurance is designed to pay out your chosen cash sum if you die during the length of the policy. It could be used to help protect the family’s lifestyle and everyday living expenses or help pay towards an interest only mortgage.
    • Decreasing Life Insurance is designed to help protect a repayment mortgage, so the amount of cover reduces roughly in line with the way a repayment mortgage decreases. Meaning your loved ones could continue to live in the family home without worrying about the mortgage.
    • You may want to check that the length of the policy is long enough to cover the duration of your mortgage term.
    • If you have Decreasing Life insurance you must also check that the interest rate applied to your mortgage does not become higher than the interest rate applied to your policy.

    Critical illness cover can be added at an additional cost when taking out life insurance. It could pay out your chosen amount of cover if you’re diagnosed with one of our specified illnesses during the length of your policy

    Why choose us?

    What is life insurance for

    What is life insurance for

    What is life insurance for

    What is life insurance for

    You can get a quote in under two minutes

    we think you’ll find our plan simple and straightforward to understand

    In 2016 we paid out 98.6% of life cover claims

    Our policy includes Terminal Illness Cover and Accidental Death Benefit at no extra cost

    You can add Critical Illness Cover for an extra cost when you buy Life cover giving you even more protection

    The above is just a guide to help you think about how much cover you may need. But of course, every one’s circumstances are different and if you’re still unsure you should speak to your financial adviser.