There is a federal low income subsidy program, called Extra Help, that Medicare beneficiares may be eligible for based on their limited incomes and resources.
The Extra Help program can increase cost savings by paying for all or part of the monthly premiums, annual deductibles and provide lower prescription co-payments under a Medicare prescription drug plan.
To qualify for Extra Help, the annual income must be limited to $16,245 for an individual ($21,855 for a married couple living together). Additionally, the total resources must be limited to $12,510 for an individual ($25,010 for a married couple living together). The resources do not include a primary residence or a vehicle.
People may apply online at www.socialsecurity.gov
DISCLAIMER: The information and opinions expressed on this blog are not an endorsement or recommendation for any medical treatment, product or course of action by One For The Aging. For medical, legal or other advice, please consult appropriate professionals of your choice.
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The Help You May Need - Starts Here
The Help You May Need - Starts Here
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Through the days and coming weeks, you will find a substantial collection of what we consider helpful tidbits of information. Please take what you need or want and pass the rest to a friend.
Through the days and coming weeks, you will find a substantial collection of what we consider helpful tidbits of information. Please take what you need or want and pass the rest to a friend.
