Help with Medicare Part D
People all over the country are helping their moms and dads save as much as $3,600 per year on the cost of prescription drugs. You can too!
We all know the high cost of medicine can be a burden on mothers/fathers who have limited income and resources. But there is extra help -- available through Social Security -- that could pay part of her/his monthly premiums, annual deductibles and prescription co-payments. The extra help could be worth up of $3,600 per year.
To qualify for the extra help, he or she must be receiving Medicare and also have income limited to $15,600 for an individual or $21,000 for a married couple living together.
Even if their annual income is higher, they still may be able to get some help with monthly premiums, annual deductibles and prescription co-payments. Some examples where income may be higher if she or her spouse:
-- Support other family members who live with them;
-- Have earnings from work; or
-- Live in Alaska or Hawaii; and
-- Resources are limited to $11,990 for an individual or $23,970 for a married couple living together. Resources include such things as bank accounts, stocks and bonds. We do not count her house and car as resources.
Social Security has an easy-to-use online application that you can help complete for your mom/dad. You can find it online at www.socialsecurity.gov. To apply by phone or have an application mailed, call Social Security at 1-800-772-1213 (TTY 1-800-325-0778), or go to the nearest Social Security office.