What is Medicare Extra Help Program?
The Medicare Extra Help Program, also known as the Low-Income Subsidy (LIS), is a government assistance program designed to help eligible individuals with limited income and resources pay for their Medicare prescription drug coverage, premiums, deductibles, and copayments. This program is administered by the Centers for Medicare & Medicaid Services (CMS) and is available to Medicare beneficiaries who meet specific criteria.
The Medicare Extra Help Program was established to alleviate the financial burden of prescription drug costs for those who might otherwise struggle to afford their medications. It is particularly beneficial for seniors and individuals with disabilities who have limited financial resources and require ongoing medication to manage their health conditions. By providing financial assistance, the program aims to ensure that eligible individuals have access to the necessary medications to maintain their health and well-being. In this article, we will delve into the details of the Medicare Extra Help Program, including eligibility requirements, enrollment process, and the benefits it offers to eligible beneficiaries.
