More People Save More Money on Prescription Costs with Medicare’s Extra Help Program

(Information provided by the U.S. Department of Health and Human Services) – Due to a new law, more people qualify for more prescription drug savings with Medicare’s Extra Help program, so it could pay to apply even if you don’t think you qualify or if you were denied before. Many people qualify for Extra Help and don’t know it. You may be able to save money on your Part D prescription drug costs through Medicare’s Extra Help program, including $0 drug plan premiums, $0 deductibles, and lower out-of-pocket costs. With Medicare’s Extra Help, you’ll pay no more than $4.50 for generic drugs and $11.20 for brand-name drugs. The savings can really add up.Apply for Extra Help if you have income below these limits:Individuals–Your yearly income is less than $22,590.Married and living with your spouse–Your yearly income is less than $30,660.Apply through the Social Security Administration by visiting ssa.gov/extrahelp where you can complete and submit your application.Need help applying? Access personalized health insurance counseling in your community at no cost, available from your State Health Insurance Assistance Program (SHIP). Visit shiphelp.org or call 1-800-MEDICARE for locations near you.Even if you don’t qualify for Extra Help now, you can reapply for Extra Help any time if your income and resources change.To learn more about Medicare’s Extra Help program, visit Medicare.gov or call 1-800-MEDICARE.Information provided by the U.S. Department of Health & Human Services.