Taken from the
National Assessment Guidelines for Medical Card/GP Visit card.
The method of assessing savings/investments for Medical Cards/GP Visit cards is as follows:
The first €20,000 of Savings/Investments for a single person will be disregarded and €40,000 for a couple will be disregarded.
The next €10,000 assessed at one (1) Euro per week per €1,000.
The next €10,000 assessed at two (2) Euro per week per €1,000.
Savings/ Investments in excess of the above assessed at four (4) Euro per week per €1,000.
For example:
Single person has €44 000 savings
Means assessed are:
€20 000 at nil (disregard)
€10 000 at €1 per 1000 = €10
€10 000 at €2 per 1000 = €20
€ 4 000 at €4 per 1000 = €16.
Means from savings assessed as €46 per week.