What Seniors Need to Know About the Low Income Subsidy Program for Prescription Drugs: Extra Help

Updated: May 18

Every senior should have access to life saving prescription medications. Since 2006, Medicare enrollees have been able to purchase Medicare Part D, prescription drug coverage. Unfortunately, this coverage comes at a cost that not everyone can afford. In order to expand access to prescription drugs for low income and low-resource seniors, the Centers for Medicaid & Medicare Services offers a low-income subsidy for prescription medications through a program called Extra Help or the Part D Low-Income Subsidy (LIS).

This federal program helps beneficiaries pay for a small to large percentage of their out-of-pocket costs for Medicare prescription drug coverage. Out of pocket costs include premiums, deductibles, and coinsurance. There are different levels of help offered by the program, depending on a person’s income and assets. If you are unsure if you are paying the right amount, it’s a good idea to call your drug plan. When you call, you may be asked to provide information so they can confirm which level of Extra Help you qualify for.

For assistance applying for Extra Help, contact Premier Benefit Consultants.

Benefits of the Extra Help program

In addition to paying part of the Part D premium and lowering the cost of prescription drugs, kupuna who qualify for the Extr