How does spenddown affect Medicare Part D drug costs?
Any participant who is dual eligible for even one month will automatically qualify for the federal government’s “extra help” with a Medicare Part D prescription drug costs for the rest of the year. The “extra help” is also referred to as the “Low Income Subsidy” or “LIS”. The “extra help” limits the participant’s Part D prescription copays to no more that $2.50 for generics and $6.30 for brands in 2010.
Any participant who is dual eligible for even one month will automatically qualify for the federal government’s “extra help” with a Medicare Part D prescription drug costs for the rest of the year. The “extra help” is also referred to as the “Low Income Subsidy” or “LIS”. The “extra help” limits the participant’s Part D prescription copays to no more that $2.50 for generics and $6.30 for brands in 2011.
