Medicare beneficiaries can qualify for Extra Help with their Medicare prescription drug plan costs. The Extra Help is also known as the Low Income Subsidy (LIS). The Extra Help is estimated to be worth about $4,000 per year. Extra Help pays for the costs of monthly premiums, annual deductibles, and prescription co-payments related to a Medicare prescription drug plan.
To qualify for the Extra Help:
Your eligibility for assistance can be determined by either the Social Security Administration (SSA) or you Senior Services office. To apply online or get more information on Low Income Subsidy visit the Social Security website.
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