Can a couple with $4.8m in super still get a seniors’ healthcare card? (opens original article in a new tab)

The Commonwealth Seniors Health Card is eligible based on income tests rather than asset wealth, with specific considerations for superannuation in pension phase and other income sources.

• Commonwealth Seniors Health Card has no asset test, only income tests for eligibility.
• Retiree's superannuation in pension phase is considered for deeming test, not total assets.
• Eligibility depends on adjusted taxable income and other factors like dividends and bank interest.
• Financial planner suggests the couple could qualify based on provided financial details.