Page 9 - Stayling Well and Feeling Good - Q3 2021

Here is everything you need to know about eligibility and how to apply:
Eligibility
You may qualify for the low-income subsidy available under Medicare Part D if:
• Your annual income and assets are below the eligibility thresholds. The Medicare Extra Help program eligibility limits may change from year to year. For the most up- to-date levels, visit Medicare.gov.
• Your annual income is higher than the eligibility limit, but you support other family members who also live in the same household; or you live in Hawaii or Alaska.
Assets that count toward eligibility include:
• Cash and bank accounts, including checking, savings, and certificates of deposit
• Real estate outside of your primary residence
• Stocks and bonds, including U.S. savings bonds
• Mutual funds and IRAs
When calculating eligibility for the low- income subsidy, Medicare does not count resources such as your home (or primary residence); insurance policies; or a car. Many people qualify for Medicare Extra Help savings and do not know it. The best way to find out if you qualify is to go ahead
and apply.
How to Apply
• Apply online at socialsecurity.gov extrahelp.
• Call Social Security at 1-800-772-1213 (TTY 1-800-325-0778) to apply over the phone, or ask to have an application mailed to you. Social Security representatives are available Monday through Friday from 7 a.m. to 7 p.m.
• Apply in person at your local Social Security office.
Don’t assume you’re not eligible. CALL NOW!
You know that doctor visits, prescriptions, and other health costs can really add up. Don’t miss out on a chance to get some help in paying for these expenses.
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