Are There Cost-Assistance Programs for Low-Income Medicare Enrollees?

Yes — and many people don’t realize they qualify. Here’s a quick checklist of programs that can help lower your Medicare costs:

• Medicaid

If your income and assets fall below certain limits, Medicaid can help pay for premiums, deductibles, and even long-term care.

• Medicare Savings Programs (MSPs)

There are four types, depending on your income. These can cover your Part B premium and sometimes more.

• Extra Help (for Part D)

This helps with prescription costs — premiums, deductibles, and copays. If you qualify, you could save thousands per year on medications.

• PACE (Programs of All-Inclusive Care for the Elderly)

Available in some areas, PACE provides comprehensive care and coverage for eligible seniors, often including social and transportation support.

• State Pharmacy Assistance Programs

Some states offer help paying for prescriptions, separate from Part D.

Bottom line: Help is out there — and we can walk you through the eligibility steps. If costs are keeping you from getting coverage or medication, let’s see what assistance you might qualify for.