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DE Prescription Assistance Program - Countable Income

The following types of income are countable when determining eligibility for the Prescription Assistance Program:

NOTE: See below for the types of income that are excluded.

Countable Income

Countable income includes but is not limited to:

1. Social Security benefits - as paid after deduction for Medicare premium

2. Pension - as paid

3. Veterans Administration Pension - as paid

4. U.S. Railroad Retirement Benefits - as paid

5. Wages - net amount after deductions for taxes and FICA

6. Senior Community Service Employment - net amount after deductions for taxes and FICA

7. Interest/Dividends - gross amount

8. Capital Gains - gross amount from capital gains on stocks, mutual funds, bonds.

9. Credit Life or Credit Disability Insurance Payments - as paid

10. Alimony - as paid

11. Rental Income from entire dwelling - gross rent paid minus standard deduction of 20% for expenses

12. Roomer/Boarder Income - gross room/board paid minus standard deduction of 10% for expenses

13. Self-Employment - countable income as reported to Internal Revenue Service (IRS)

14. Unemployment Compensation - as paid

Excluded Income

Excluded income includes but is not limited to:

1. Annuity payments

2. Individual Retirement Account (IRA) distributions

3. Payments from reverse mortgages

4. Capital gains from the sale of principal place of residence

5. Conversion or sale of a resource (i.e. cashing a certificate of deposit)

6. Income tax refunds

7. Earned Income Tax Credit (EITC)

8. Vendor payments (bills paid directly to a third party on behalf of the individual)

9. Government rent/housing subsidy paid directly to individual (i.e. HUD utility allowance)

10. Loan payments received by individual

11. Proceeds of a loan

12. Foster care payments made on behalf of foster children living in the home

13. Retired Senior Volunteer Program (RSVP) income

14. Veterans Administration Aid and Attendance payments

15. Victim Compensation payments

16. German reparation payments

17. Agent Orange settlement payments

18. Radiation Exposure Compensation Trust Fund payments

19. Japanese-American, Japanese-Canadian, and Aleutian restitution payments

20. Payments from long term care insurance or for inpatient care paid directly to the individual

See also:

DE Medicaid - Overview

DE DSS - Change Reporting Requirements

DE DSS - Contact Information

Source:

DSS Policy Manual (Sect. 30401 & 30402)

Back to:

DE Prescription Assistance Program - Overview

DE Division of Social Services - Overview

DE Benefit Information System Overview

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