Tuesday, June 8, 2010

CMS Provides More "Extra Help"

Almost two million seniors could soon be getting some "Extra Help" from the Centers for Medicare & Medicaid Services.

The "Extra Help" program will subsidize the cost of Part D prescription drugs for many low-income Medicare beneficiaries. Eligible seniors will be able to pay $2.50 for generic drugs and $6.30 for brand-name drugs.

According to http://www.socialsecurity.gov/, the program is worth an average of $3,900 per year. To qualify, Medicare beneficiaries must have limited income and resources and reside in one of the 50 states or the District of Columbia.

It's estimated that 1.8 million seniors are eligible for the program but not yet enrolled. To learn more and enroll, click here.

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