Legal Question in Social Security Law in California
car wreck settlement and ssi and sdi benefits including medicare
i was in a wreck and will receive some money dont know how much yet but i will have to report it, worried about the consequence and losing health insurance ( nedicare) what can i do so i feel safe.
2 Answers from Attorneys
Re: car wreck settlement and ssi and sdi benefits including medicare
When you're on SSI any amount over $2000 if you're single, (the amount may have changed) will be viewed as excess resource. Thus, disqualifying you from SSI due to excess resources. There are legal ways to deal with this issue.
Make sure your lawyer is on top of it.
Re: car wreck settlement and ssi and sdi benefits including medicare
Yes, you will have to report it. The failure to report it could have serious consequences.
Co consult with your attorney about how this will affect your status. If it is a settlement, you may be able to structure it so that it has minimal impact. On the other hand, you might have a reimbursement obligation meaning you won't get anything at all.
Make sure you talk to your lawyer about this and don't accept a nonsense answer. You need expert advice, and most PI lawyers won't know much about social security on a settlement, because that's not the area of law in which they make their money.
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