Lynne Jones
Thousands of Medicare beneficiaries in Maricopa County currently qualify for extra help in paying for their prescription drug costs.
Many Medicare members are not aware, however, of the federal subsidy program that may help pay for prescription drug costs. Some of these programs may even help pay for Medicare Part B costs and premiums. There are two programs available.
The first is called Low Income Subsidy, also known as LIS. This program helps Medicare-eligible consumers save money on their prescription drug costs, including assistance with monthly plan premiums, annual deductibles and copayments. The monthly income limit to qualify for this program is $1,507.50, with total assets of less than $13,820. For married couples, the monthly income limit is $2,030 and assets of less than $27,600.*
Some Medicare members who qualify for LIS also may qualify for the Medicare Savings Program. If you qualify, the state also may pay all or part of your monthly part B premiums, coinsurance, deductible and copayments.
If you think you may qualify, or you know someone who might benefit from this, please call Lynne Jones, licensed sales representative, at (480) 212-2246. Lynne can answer your questions and even assist you in filling out the application.
*ncoa.org Center for Benefits Access