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Medicare Blog | Medicare News | Medicare Information

Updated Federal Poverty Guidelines Announced

Posted by www.psmbrokerage.com Admin on Mon, Feb 25, 2019 @ 10:01 AM

Updated Federal Poverty Guidelines Announced

piggy bank poverty guidelines

Each year, the Department of Health and Human Services (HHS) updates the federal poverty guidelines, which are then used to determine eligibility for programs including Medicaid, the Low Income Subsidy for Part D (LIS), and Medicare Savings Programs.

Some government programs that rely on the guidelines to determine eligibility use the numbers directly, while other programs use a percentage multiplier. For example, the income limit for LIS, which is also called Extra Help, is 138% of the federal poverty guideline.

Source: https://blog.medicarerights.org/updated-federal-poverty-guidelines-announced

Photo by rawpixel.com from Pexels

Additional Updates:
 

Tags: Medicare, Medicaid, LIS

2019 LOW INCOME SUBSIDY EXTRA HELP GUIDELINES

Posted by www.psmbrokerage.com Admin on Wed, Feb 13, 2019 @ 09:24 AM

2019 LOW INCOME SUBSIDY EXTRA HELP GUIDELINES

Help your clients with their prescription costs: 

Extra Help, also commonly known as Low-Income Subsidy (LIS), is a federal program that aides Medicare beneficiaries with some or most of the costs associated with their Part D Prescription Drug coverage, based on their income and assets.  

The National Council on Aging (NCOA) has released the updated 2019 Income and Asset Limits for those who may qualify for Extra Help/LIS.  Below is a snapshot of the limits.

lis graph

There are resources available to you and your clients regarding Medicare Part D, what it covers, applying for extra help, and much more.

Click on the link below for the complete LIS/Extra Help chart:

2019 Extra Help/LIS Chart

The comprehensive list of resources, provided by NCOA, can be found here:

https://www.ncoa.org/resources/

Additional Updates:
 

Tags: Medicare Advantage, Medicare, LIS, Low Income Subsidy

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