Tuesday, April 8, 2014

Financial Assistance is Available for Low-Income Medicare Recipients

Extra help is here for Medicare recipients living on a limited income. You may qualify for as much as $5,000 in annual assistance to help with your Medicare expenses.

Income-eligible seniors and individuals with disabilities who are enrolled in Medicare can save a minimum of $1,000 on healthcare expenses by enrolling in a Medicare Savings Program (MSP). MSP will cover the Medicare Part B premium, a savings of $104.90 per month, for qualified individuals.

They may also qualify for an average annual savings of $3,900 on Medicare Part D premiums and prescriptions with a low income subsidy. In addition to discounts on brand-name and generic medications, there are no co-pays or deductibles for annual wellness visits and personalized prevention plan services.

“Times are tough for many people, especially those living on fixed or limited incomes. I strongly encourage Medicare beneficiaries to learn more about these savings opportunities and qualifications,” stated County Executive Dennis Levinson.

For more information, please contact the Atlantic County Aging and Disability Resource Center at 1-888-426-9243, ext. 4315, Monday through Friday, 8 AM to 5 PM, or visit www.aclink.org/intergenerational.

County News