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In times like these, every dollar counts.
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Do you need help with prescription costs?Anyone who has Medicare can get Medicare prescription drug coverage. Some people with limited income and resources also are eligible for Extra Help to pay for the costs—monthly premiums, annual deductibles, and prescription co-payments—related to a Medicare prescription drug plan. The Extra Help is estimated to be worth an average of $3,900 per year. Many people qualify for these big savings and don't even know it. To find out if you qualify, Social Security will need to know your income and the value of your savings, investments, and real estate (other than your home). If you are married and living with your spouse, we will need information about both of you. To qualify for Extra Help:
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How do you apply?If you are not getting the Extra Help automatically, it is easy to apply. Just complete Social Security's Application for Help with Medicare Prescription Drug Plan Costs (SSA-1020). Here's how:
After you apply, Social Security will review your application and send you a letter to let you know if you qualify for the Extra Help. Once you qualify, you can select the Medicare prescription plan of your choice. If you do not select a plan, the Centers for Medicare & Medicaid Services will do it for you. The sooner you join a plan the sooner you begin receiving benefits. The worksheet below can help you decide if you are eligible and can assist you in completing the actual application for Extra Help. The worksheet is not an application. You will need to:
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Can state agencies help you with Medicare costs?State medical assistance (Medicaid) offices offer Medicare Savings Programs. These Medicare Savings Programs also help people with limited income and resources pay for their Medicare expenses. If you pay a premium for Medicare Part A, the Medicare Savings Programs may pay it for you. The help you get from the Medicare Savings Programs can save you more than $1,100 a year. This assistance is in addition to the Extra Help. If you think you might be able to get help from your state with Medicare costs, or if you are not sure, call your state medical assistance (Medicaid) office or call |
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How can you get more information? For more information about getting Extra Help with your Medicare prescription drug plan, visit www.socialsecurity.gov or call Social Security at To learn more about the Medicare prescription drug plans and special enrollment periods, visit www.medicare.gov or call |
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