The in-laws have Social Security and nothing else; no assets whatsoever due to a combination of bad luck and bad decisions.
Total income is about 2400 a month / 28,000 a year. This is enough above various poverty levels that “on paper” they don’t qualify for any kind of assistance. In their county they just qualify for a subsidized apartment - at 900 a month or more for some dumps. Surrounding counties with lower rents have lower income cutoffs as well. We’re in the process of purchasing a condo for them that will be more like 700 a month.
Between their Medicare fees, a Medigap policy (about 450 a month), a fee for prescription coverage, and doctor and prescription drug copays, their medical expenses are nearly half their income. We’re getting conflicting figures on what their out of pocket costs are for prescriptions but I’d say it’s a minimum of 300 a month, and possibly up to 600 - so that’s anywhere from 850 to 1150 a month.
Being human, they also need food, transportation, utilities… They’re currently dealing with a shortfall of 500 a month and that’s by just paying their HOA dues (not their mortgage, which has just been foreclosed).
At present, family support has been specific amounts (e.g. we gave them the “down payment” for the car, which is leased; SIL is paying the lease fee). There’s a habitual refusal to give us ANY financial info at all, and this week they implied to me they could pay the condo mortgage (< 200 a month) while implying to another sibling that they couldn’t pay anything. So what information they DO give us is conflicting.
The only place I see for them to save money is to cut the medical expenses. Or failing that, to use the large medical expenses to leverage eligibility for food stamps, other medical assistance, etc. Anyone have any experience with this kind of thing?
The medical expenses sound insane. Yes, FIL is on some expensive stuff (and the “help the uninsured” programs explicitly exclude people getting Medicare etc. ). But half their income???
Forgot to mention: this is in Florida.