Medicare Part D Extra Help Program

What is the Part D Extra Help Program?

There are a lot of different components when it comes to Medicare, so it’s definitely important to understand the different options and programs available to you.

For example, if you’re enrolled in Original Medicare and take prescriptions, then you probably want prescription drug coverage. Going to the pharmacy can be expensive, and it can be overwhelming when you don’t have insurance to cover the costs of your prescriptions. So if you are enrolled in this type of plan and you want prescription drug coverage, then you’ll need to enroll in Part D.

Enrolling in Part D coverage is an important decision that many make to save money on their prescription costs. There are various Part D plans available, so you can choose whichever one fits your coverage needs the most. Most Part D plans will also have a tier system that is designed to lower costs of prescriptions. Drugs that are in a lower tier will always be cheaper than prescription drugs listed in higher tiers.

What is the Extra Help Program?

The Extra Help Program exists so that those with limited income and resources can receive some help covering the costs related to a Medicare Part D plan. These costs can include premiums, deductibles, and copayments. If you have a Part D late enrollment penalty, you also won’t have to pay it when you have Extra Help.

To apply for the Extra Help Program, you can go online at https://www.ssa.gov/extrahelp and fill out the application (Form SSA-1020) listed on the site. You can also call Social Security to request an application or apply over the phone. If you prefer filling out an application in person, you can do so at a local Social Security office.

Checking Out Your Options

If you’re new to Medicare, then it’s important that you explore all of your options. Taking a look at how you can save money is important, so if you’re looking to save more money on your prescriptions and Part D costs, the Extra Help Program can certainly be beneficial.

If you’re worried about not being able to afford an aspect of Medicare, we can help. We’re here to provide you with advice and guidance so that you can get the health insurance you need. Make an appointment today to speak with one of our professionals.

We look forward to hearing from you and working together to ensure that you have access to the healthcare you need.

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