Prescription costs can be expensive even with a Medicare Part D plan.  The Extra Help program (also known as LIS) may be the help you are looking for!

What is EXTRA HELP?  It is a Federal Medicare program designed to assist people with limited income and resources pay Medicare prescription drug program costs, like premiums, deductibles, and co-insurance. We would be happy to help you see if you are eligible for the Extra Help program.

Are prescription costs overwhelming? Let us help you see you are eligible for Extra Help (LIS).

What is EXTRA HELP?  It is a Federal Medicare program designed to assist people with limited income and resources pay Medicare prescription drug program costs, like premiums, deductibles, and co-insurance. If you qualify for Extra Help and join a Medicare drug plan you will receive assistance paying for your Medicare drug plan’s costs; have no coverage gap; have no late enrollment penalty. You may qualify for Extra Help if your yearly income and resources are below these limits in 2018 (Source – Medicare.gov):

  • Single person—income less than $18,210 and resources less than $14,100 per year.
  • Married person living with a spouse and no other dependents—income less than $24,690 and resources less than $28,150 per year.

Other important facts about the Extra Help / LIS program:

  • Extra Help isn’t available in these U.S. territories: Puerto Rico, the U.S. Virgin Islands,Guam, the Northern Mariana Islands, or American Samoa.
  • It is possible that even through your income & resources exceed the limit, you may qualify (Examples:  you still work, you live in Alaska or Hawaii, or have dependents living with you).

What are considered OTHER RESOURCES:

  • Money in a checking or savings account, stocks, bonds, mutual funds, and Individual Retirement Accounts (IRAs).
  • Resources DO NOT include your home, car, household items, burial plot &/or burial expenses (up to $1,500 per person), or life insurance policies.

Find Out if You are Eligible for Extra Help

The best time & way to contact me is (check all that apply):

Medicare Help Florida Featured in Florida Today: "Making Sense of Medicare Part D"

In order to help retirees sensibly afford their medications, the federal government added Prescription Drug coverage, Medicare Part D, in 2006 to go along with Original Medicare Parts A (hospitalization) and B (medical). Part D is an optional United States federal-government program administered by private insurance companies to help Medicare beneficiaries pay for self-administered prescription drugs.
READ MORE…

Mike R.
Senior Insurance Agent

Have a Question about the Extra Help (LIS) Program? Ask Mike & Kim!

Kim A-C.
Senior Insurance Agent