LOW INCOME ASSISTANCE FROM THE MEDICARE PRESCRIPTION MEDICATION PROGRAM IN 2006














There are subsidies available for those who meet low income guidelines.


1. Already on Medicaid


If you are enrolled in Medicaid and Medicare you will receive your prescription medications via this new program.


And:

Your Income is Under 100% of Poverty


During 2005 100% is:


Individuals - $ 9,570
Couples - $ 12,8830

If you are under those levels then:


You may sign up for free(no monthly premiums or annual deductibles) and pay the following co-pays:


$ 1.00 for generic meds
$ 3.00 for brand name meds
Nothing after $ 5,100 in total annual drug costs

 

Or:

.Your Income is under 135 % of Poverty
During 2005 135 % is:
Individuals - $ 12,919
Couples - $ 12,320


If you are under those levels then:


You may sign up for free(no monthly premiums or annual deductibles) and pay the following co-pays:
$ 2.00 for generic meds
$ 5.00 for brand name meds

Nothing after $ 5,100 in total annual drug costs

2. You Are Not on Medicaid (But you are on Medicare)

Your income is under 135 % of poverty(see guidelines above)

And your assets are below:

$ 7,500 for individuals

$ 12,000 for couples

You may sign up for free(no monthly premiums or annual deductibles) and pay the following co-pays:
$ 2.00 for generic brands
$ 5.00 for brand name meds

Nothing after $ 5,100 in total annual drug costs.

Or:

Your income is under 150% of poverty

During 2005 150% is:
$ 14,355 for individuals
$ 19,245 for couples

And your assets are below:

$ 11,500 for individuals
$ 23,000 for couples

You may sign up for a:

Monthly premium based on a sliding fee from $ 0 to $ 28.00.
Deductible of $ 50.00

Co-pays of 15 %
After $ 5,100 in total annual drug costs then $ 2.00 for generic and $ 5.00 for brand name meds.

For more information go to : www.medicarerights.org

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