How does Part D help people who qualify for low-income assistance?
Medicare Part D provides extra help to people with limited income and resources. The extra help will result in coverage with reduced or eliminated premiums and deductibles and no gaps in coverage. For people whose incomes are less than 135% of the federal poverty level (FPL), Medicare will pay about 95% of their drug costs1 — up to $3,6002 per year. 1The Henry J. Kaiser Family Foundation, Low-Income Subsidies for the Medicare Prescription Drug Benefit: The Impact of the Asset Test, April 2005 2SSA.gov Web site, http://www.ssa.
Medicare Part D provides extra help to people with limited income and resources. The extra help will result in coverage with reduced or eliminated premiums and deductibles and no gaps in coverage. For people whose incomes are less than 135% of the federal poverty level (FPL), Medicare will pay about 95% of their drug costs1 — an average of up to $4,0002 per year in 2011. 1The Henry J.
