Prescription Drug Help Available For Low-Income Medicare Recipients Local News

Medicare beneficiaries who have limited income and assets may be eligible for additional help paying for their prescription drugs. The Federal Low Income Grant (LIS) program, also known as Supplemental Assistance, helps qualified Medicare beneficiaries with the out-of-pocket expenses associated with Medicare Part D prescription drugs.

There are over 80,000 Medicare beneficiaries in North Carolina who may be eligible for help but have not yet applied. SHIIP, the Seniors’ Health Insurance Information Program and a division of the North Carolina Department of Insurance, is joining state partners to help beneficiaries understand and seek additional help.

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“Many of those who are eligible for this help are unaware that it is available to them,” Insurance Commissioner Mike Causey said. “Our goal is to get the extra help message across to Medicare beneficiaries statewide and to enroll them so they can start receiving help with their Medicare prescription drug costs. “

Iredell Council on Aging can help Medicare beneficiaries in Iredell County with the enrollment process for Additional Help. Contact Jennifer Barraclough at 704-873-8568 to make an appointment.

To be eligible for additional assistance, a Medicare beneficiary must meet certain income, resource, and asset requirements. The income and asset limits for Extra Help are $ 1,508 per month with assets up to $ 13,820 if you are single, and $ 2,030 per month with assets up to $ 27,600 if you are single. are married.

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