Do you have Medicare Part A? Do you need help paying for Part B and Part D?
The Monroe City Senior Nutrition Center will be assisting Medicare Beneficiaries in applying for three programs that will save many Missourians money on the cost of their medications and the premiums they pay for their Medicare coverage. These programs are the Medicare Savings Program, Limited Income Subsidy Program and the MORx Program.
The Medicare Savings Program helps pay for Medicare Part A and/or Part B premiums. If you have Medicare Part A and your annual income is below $14,868 if you are single ($19,920 for married) and your resources are at or below $4,000 if single or $6,000 if married (minus $1,500 for burial), you should apply for help paying your Medicare costs.
Limited Income Subsidy or “Extra Help” as some call it is available for some people with limited income and resources. It will pay for all or most of the monthly premiums and annual deductibles and lower the prescription co-payments related to their plan. The Extra Help is estimated to be worth an average of $3,900 per year. Many people with limited income and resources qualify for these big savings and don’t even know it. If your monthly income is below $1,353.75 for single ($1,821.25 for married couple living together) and have resources less them $12,510 ($25,010 for a married couple living together) you may qualify for extra help.
MORx works with the beneficiary’s Medicare Prescription Drug Plan to help Medicare Beneficiaries save money on prescription drugs. This is a free program which covers up to a 31 day supply for each prescription filled at a Missouri pharmacy that is covered on the beneficiaries’ Part D formulary. To qualify you must be a Missouri resident, be enrolled in a Medicare Part D Plan and your monthly income must be less than $1,805 if single and $2,428.33 if married. Savings and assets are not counted to qualify for this program.
If you or someone you know might quality for any of the above programs, all it takes is a phone call to the Monroe City Senior Nutrition Center at 573-735-2131, and you will receive assistance with any questions and filing the necessary applications.