Did You Know Social Security Can Do These 8 Things for You?

social security
Photo by PeopleImages.com – Yuri A from shutterstock.com

Help with Medicare drug costs

Extra Help, a well-known program administered by Social Security and the Centers for Medicare and Medicaid Services, or CMS, can easily reduce prescription drug expenses for low-income Medicare beneficiaries by as much as $5,000 a year.

The help can be easily placed in the category of premiums, deductibles, and copays related to a Medicare drug plan. The program is fully open to residents of the 50 states, but also to residents of the District of Columbia who are currently enrolled in Medicare Part A and Medicare Part B.

Also, they need to have an income under the threshold of $19,320 for an individual and $26,130 for a married couple living together. There’s also a set of strict limits on financial assets, like savings, investments, and even property.

< 1 23 4 56 ... 9>

Leave a Reply

Your email address will not be published. Required fields are marked *

About the Author

Most Popular

Related Posts