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Old age pension
The Old Age Pension (OAP) program provides financial assistance and health care benefits for low-income adults age 60 or older.
Medical Benefits-All Old Age Pension recipients qualify for medical coverage of:
- Inpatient hospital services
- Outpatient hospital services
- Home health care
- Laboratory and X-ray services
- Physician services
- Pharmacy services
- Medical transportation
- Dental care (limited to surgical Procedures)
- Medical supplies and durable medical equipment
Some Old Age Pension recipients may also qualify for nursing home care, home and community care, inpatient psychiatric care, Adult Foster Care, or a Home Care Allowance.
OAP recipients may qualify for:
- Food Stamp benefits
- Financial assistance to reduce winter heating costs (LEAP)
- Discount on monthly QWEST telephone bill
To qualify for OAP benefits you must:
- Be age 60 or older
- Have total gross monthly income below approximately 80% of the poverty level per month (if you receive home care allowance, this amount may be higher).
- Call your local county office for exact amount. Income is anything which can be used to purchase food, clothing, or shelter. Some examples include wages, social security, pensions, child support, unemployment benefits, and spouse's income.
- Have resources below $2,000, couple resources below $3,000. Resources are any money that remains unspent from a prior month. Some examples include cash, checking and savings accounts, stocks, bonds, some insurance policies and secondary property.
- Be a US citizen or be eligible under requirements for aliens
- Be a resident of Colorado
Resources
- The home, a car, personal belongings, household goods, some burial policies, and some life insurance policies are exempt. They are not counted as part of your resources.
- However, a Medicaid lien may be filed on property to be collected after death if over the age 55 or receiving LTC.
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