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How to Get Extra Help With Your Medicare Drug Plan Costs
If you have limited income and resources, you may qualify for extra help paying your Medicare drug plan costs. If you qualify, you will get help paying for your Medicare drug plan’s monthly premium, deductible, and copayments. The amount of extra help you get is based on your income and resources. You have to join a Medicare drug plan to get extra help paying your drug costs. The charts on pages 20 and 22 (Ways you may qualify for extra help) show what you would pay with extra help from Medicare based on your income and resources.
For more information on the asset limits to qualify for Extra Help, see: Who Qualifies for "Extra Help";
Note: The U.S. Virgin Islands, Guam, American Samoa, the Commonwealth of Puerto Rico, and the Commonwealth of Northern Mariana Islands provide help for their residents with their Medicare drug costs. In general, this help is for residents in these areas who qualify for Medicaid. The help isn’t the same as the extra help provided elsewhere in the United States. To find out more about the rules for these territories, call 1-800-MEDICARE (1-800-633-4227). TTY users should call 1-877-486-2048.
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(Primary Source: Centers for Medicare and Medicaid Services - Your Guide to Medicare Prescription Drug Coverage 2008. This content may have been added upon by Q1Group LLC to include further examples, explanations, and links.)
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Last updated on: 07/05/2009
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Life Insurance plays an important role in your families financial stability.
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