2022 Low Income Subsidy/LIS Chart Extra Help for Part D Coverage
LIS stands for the Low Income Subsidy. It is also known by Social Security’s term: “Extra Help for prescription drug coverage.” This program provides significant savings on drug premiums and co-payments for those who qualify. The benefits apply only to Medicare Part D drug plans or Part D benefits in Medicare Advantage plans. Who qualifies?
2023 Part D Extra Help Eligibility and Coverage
People who receive Medicaid, a Medicare Savings Program, or Supplemental Security Income (SSI) will be automatically enrolled into Extra Help. Discover what the income and asset eligibility thresholds are for the Part D Low Income Subsidy/Extra Help in 2023 in this handy chart.
Understanding Medicare’s Part D Low Income Subsidy (LIS/Extra
The Part D Low Income Subsidy (LIS/Extra Help) program helps pay for a portion of Part D prescription drug plan costs, including Part D premiums, deductibles, and copayments. Depending on your income and assets, you may qualify for a full or partial subsidy.
2023 Resource and CostSharing Limits for Low
The Centers for Medicare & Medicaid Services (CMS) is releasing guidance on the 2023 resource limits for individuals who apply and qualify for the low-income subsidy (LIS).
What Is the LowIncome Subsidy (LIS)?
The Low-Income Subsidy (LIS) is a Medicare program to help people with limited income and resources pay Medicare prescription drug program costs, like premiums, deductibles, and coinsurance. The Low-Income Subsidy (LIS) is also known as Extra Help. To qualify for LIS, your income and resources must be equal to or lower than these limits:.
Extra Help program: Medicare's Part D Low
If you are enrolled in Medicaid, Supplemental Security Income (SSI), or a Medicare Savings Program (MSP), you automatically qualify for Extra Help regardless of whether you meet Extra Help’s eligibility requirements.
Eligibility for Low
This page contains information on eligibility for the Low-Income Subsidy (also called “Extra Help”) available under the Medicare Part D prescription drug program. It includes information on how one becomes eligible for the Low-Income Subsidy as well as useful outreach material.
2022 Resource and CostSharing Limits for Low
The Centers for Medicare & Medicaid Services (CMS) is releasing guidance on the updated resource limits for individuals who apply and qualify for the low-income subsidy (LIS).
2023 Medicare LowIncome Subsidy (LIS)
The Medicare LIS program is designed to help people with low incomes and limited resources by lowering or eliminating costs for deductibles, co-pays, and premiums associated with Part D prescription drugs. This guide reviews the LIS program, describes eligibility, compares the standard PDP benefits with LIS benefits, and provides access to.
SSA POMS: HI 03001.005
Eligible beneficiaries receive subsidized premiums, deductibles, and co-payments. Subsidized premiums are paid to the prescription drug provider (PDP) or Medicare Advantage prescription drug plan (MA-PD) by the Centers for Medicare and Medicaid Services (CMS) and are based on the service area’s regional benchmark premiums.