The Medicare LIS Program, also known as Extra Help, is a federal assistance program designed to help eligible individuals afford their Medicare Part D prescription drug costs. It provides subsidies to cover or reduce premiums, deductibles, and co-payments.
Eligibility is based on income and resources. Generally, individuals with limited income and resources may qualify. The specific criteria can vary, so it's important to check the current guidelines set by the Social Security Administration (SSA).
You can apply for Extra Help through the Social Security Administration (SSA) either online, by phone, or by visiting your local SSA office. Dependable Coverage can assist you throughout the application process.
No, you do not need to be enrolled in a specific Part D plan to qualify for the Medicare LIS Program. Extra Help can be applied to any Medicare Part D plan, helping you access necessary prescription medications at a more affordable cost.
It's advisable to review your LIS coverage annually, especially during the Medicare Annual Enrollment Period (AEP). Changes in income or circumstances may affect your eligibility, and reviewing your coverage ensures you continue to receive the maximum benefits available.
Yes, Dependable Coverage is here to help! Our experienced professionals provide personalized assistance, guiding you through the application process, and ensuring you receive the Extra Help you need.
The Medicare LIS Program helps cover the costs of prescription drugs, including premiums, deductibles, and co-payments associated with Medicare Part D plans.
Yes, it's possible to lose Extra Help if there are changes in your income, resources, or if you no longer meet the eligibility criteria. It's crucial to notify the SSA of any changes to avoid disruptions in your coverage.
While there's no specific deadline, it's recommended to apply as soon as you become eligible. Applying promptly ensures you receive timely assistance with your prescription drug costs.
