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`Extra Help` Program Can Cut Drug Costs By Thousands. Do You Qualify?
The Medicare Part D “Extra Help” program assists people who have limited income and resources. For those who qualify, it pays for some, or even all, of the monthly premium, and for a substantial portion of prescription costs. The amount of extra help a person receives is based on income and resources. According to the Medicare web site, individuals may qualify if income is less than $14,355 or $19,245 for a married couple living together, and resources are less than $11,500 single persons or $23,000 couples filing jointly. The government does not include the value of your home, car, and $1,500 in burial expenses in calculating your resources. To apply or get more information about Extra Help, call Social Security at 1-800-772-1213 (TTY 1-800-325-0778) or visit www.socialsecurity.gov. Source: www.medicare.gov, May 23, 2006. July 2006 | ||||||||
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